Detached home market in Hope: Buyer's Market · 3 houses sold (30d) · avg $735,000 · 76 days on market
Buyers currently have more choice in Hope's detached home market, with homes taking longer to sell. In the past 30 days, 3 houses and detached homes sold across Hope at an average sold price of $735,000. Properties are selling in an average of 76 days on the market. The absorption rate is 3.1% — meaning 3.1% of the active house inventory sells each month. Average house prices in Hope are down 8.2% compared to the 90-day average of $800,250. If you're considering buying a house in Hope, you have more time to negotiate — though well-priced single-family homes still attract attention.
Average sold price per month (houses & detached homes)
Based on 3 house and detached home sales recorded in the last 30 days via the MLS® board data. This includes houses, duplexes, triplexes and fourplexes.
Based on current data, Hope is a Buyer's Market for detached homes and houses.
The absorption rate — the percentage of active listings that sell each month — is 3.1%, with 96 active house listings and 3 sales in the last 30 days.
What this means for buyers: You have more negotiating power. There are more houses available than buyers, giving you time to find the right single-family home without as much competition pressure.
Houses in Hope are taking an average of 76 days on the market before selling, based on sales in the last 30 days.
With homes averaging over 45 days on market, buyers in Hope have more time to consider their options and negotiate.
3 houses and detached homes sold in Hope in the last 30 days, based on MLS® data (includes houses, duplexes, triplexes and fourplexes).
There are currently 96 active house listings in Hope.