“No surprise, demand remains high for the HOT Gulch/Midtown area. While average days on market trended upward, so did the median sales price, increasing a whopping 16.5% to $534,000. Buyers favor a turnkey property, and sellers who chose to undertake cosmetic renovations during the lockdown have reaped the benefits with a higher sales price per square foot. Looking to 2021, expect prices to remain strong, inventory tight, and savvy, informed buyers beginning to push back if the market gets overheated.”
— L I SA P E E B L E S
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