One of the questions that comes up most often is "How's the Market?"

Littleton Real Estate is slower than normal, and Littleton Real Estate Values are holding their own.  With the increase in Interest Rates, there have been fewer Sellers willing to sell and fewer Buyers wanting to buy.

As a result, Littleton Real Estate had fewer Sales in 2022 than the average of almost 2,400 homes per year.  In 2023, Littleton Real Estate is on track to have fewer homes sold, down about 13% from normal.

Although the number of sales is down, our home Values in Littleton have pretty much held their ground.

The Average Sold Price for Littleton Real Estate is only down about 1.2% from last year's average.

There are still Buyers looking for properties.  With the Limited Inventory, however, they're taking their time and have the luxury of being pickier with the property they choose.  Average Days On Market have increased to almost a month.

This is the longest it's taken to sell a home in quite a while.

If you're thinking of Buying or Selling, contact Littleton Realtor® John Basila for a complimentary analysis of the market and your situation.