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FENNEL GRATIN
Sales Slip in September
Inspired by FoodAndWine.com
· Active listings rose year over year in both markets — 27.5% year-over-year for single-family homes with 755 listings, while condo listings skyrocketed by 58% with 1,887.
INGREDIENTS • 2 cups heavy cream • 2 shallots, roughly chopped • 4 garlic cloves, smashed • 1 tbsp fresh thyme leaves • 1 1/2 tsp salt • 1 tsp black pepper • 3 large fennel bulbs, cored and cut into 1-inch-thick wedges • 2/3 cup grated Parmesan cheese
· September added 351 new listings for single-family homes and 631 for condos, up 24.9% and 22.3%, respectively, compared to last year.
Although overall sales volume in both markets slowed in September, there was an uptick in both new listings and active inventory, offering more choices for potential buyers. Coupled with a gradual decrease in mortgage rates, this may motivate buyers to consider entering the housing market in the near future.
$1,112,722 MEDIAN SINGLE-FAMILY PRICE
5.8%
DIRECTIONS 1. Preheat oven to 350 F with one rack in the center and one about 4 inches from the heat. 2. In a small saucepan, bring cream, shallots, garlic, thyme, salt, and pepper to a simmer over medium heat, stirring often. Reduce heat to medium-low and simmer, stirring often, for another 15–20 minutes. Remove from heat and let cool for 10 minutes. 3. Arrange fennel wedges, slightly overlapping, in a large cast-iron skillet or broiler-safe 2-quart baking dish. Pour cream mixture over fennel. Roast on center rack until fennel is tender, about 40–50 minutes. 4. Remove skillet and increase oven temperature to broil. Sprinkle Parmesan cheese evenly over fennel. Broil on upper rack until top is browned, 1–4 minutes. Let cool 5 minutes before serving.
SINGLE-FAMILY MARKET
217 CLOSED SALES
6.5%
$517,500
CONDO/ TOWNHOUSE MARKET
5.6%
MEDIAN CONDO PRICE
366 CLOSED SALES
2.7%
3
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