Hope Center, Hope Market Report – August 2021

In August 2021, the Hope Center, Hope real estate market is classified as a Balanced Market with an absorption rate of 17.3%. The market in Hope Center, Hope is currently balanced. Both buyers and sellers have reasonable negotiating positions. Always consult a licensed REALTOR® to assess your specific situation.

13 properties sold in Hope Center, Hope during August 2021 based on MLS® records. There were 75 active listings at the start of the month. A total of 9 new listings came to market during the month.

The average sold price in Hope Center, Hope in August 2021 was $680,315. Sold prices ranged from $438,095 to $1,550,000. Data is sourced from MLS® board records.

In August 2021, properties in Hope Center, Hope averaged 59 days on the market before selling. With an absorption rate of 17.3%, the market is currently a Balanced Market. A lower average days-on-market indicates stronger demand.

The average sold price in Hope Center, Hope in August 2021 was $680,315, up 54.8% year-over-year compared to August 2020 ($439,436). Sales volume was up 18.2% compared to the same month last year. Data is sourced from MLS® sold records.