The market is steadier and more balanced with approximately 400 residential units actively for sale throughout the county, which is a small increase in overall inventory. Interest rates appear to be dropping so more buyers are returning to the market as a result. We are also starting to see an increase in average days on market (around 90 days) as well as more frequent price reductions. Down Valley, we are seeing consistently strong demand due to more prices being more affordable compared to up-valley. Prices are remaining steady with about 3% appreciation annually. We are still occasionally seeing multiple offers on a handful of properties in neighborhoods where inventory is low and properties are priced "right" based on the most recent market data. .
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