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The Lockwood Report: Daily Sherwood Housing Market Update for Jul 9th, 2020As of Thursday, Jul 9th, 2020, in Sherwood there are a total of 46 active residential homes for sale, 81 pending listings and 36 properties sold in the most recent 30 day period. The average list price for all active residential listings in Sherwood is $755,711, while the average asking price for properties new on market in the last 30 days is $582,648. Residential homes for sale in Sherwood sold at an average price of $558,630 while newly listed properties came in higher on average, at $582,648.
New listings in Sherwood are outpacing sold properties. For the most recent 30 day period, 36 properties sold and 60 came on the market. In summary, new listings outpaced sales by 24. As a point of reference, in the month prior, there were 26 sold Sherwood residential listings while 47 homes for sale became available on the market. Keep an eye on the number of pending listings (currently 81) because an increase in pending sales may offset an increase in new listing inventory.
*A zero result on the above Sherwood graph means that no properties sold in the respective price range during the month indicated.