From January until July 31st, in Murphy 139 homes have been sold at a median sale price of $365,000 with an average of 42 days on the market. Close price by the original list price has been 96.61%.. No foreclosure sale in this period of time.
In the entire 2018 in Murphy 233 homes have been sold with a median sale price of $379,000 and an average marketing time of 32 days. 2 foreclosure sales in 2018.
As of August 1st, there are 62 active listings with a median list price of $436,000 and average marketing time of 61 days. Lowest list price is $279,900 and the highest list price is $1,499,500
19 homes are “Pending”. Median list price of those is $350,000. And 9 other homes are in different stages of contract and negotiations.
A conclusion from this numbers? Sale prices have decreased a little bit, buyers are still there looking for homes and sellers might have to deal with price reduction.