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NAR Reviews Year Over Year Sales Data

Click here for NAR's data compilation and analysis. Data as of January 2022. 

The data show a softening in sales prices nationally, however upon further investigation you'll see that the Northeast region has the tightest inventory and therefore prices remain strong. 

With that said Days on Market are creeping up as Sellers attempt to maximize their return in this low-supply/high-demand market. There is a point where the list prices give a Buyer pause. 

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