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The Lockwood Report: Daily Sherwood Housing Market Update for Sep 20th, 2020As of Sunday, Sep 20th, 2020, in Sherwood there are a total of 38 active residential homes for sale, 64 pending listings and 41 properties sold in the most recent 30 day period. The average list price for all active residential listings in Sherwood is $757,333, while the average asking price for properties new on market in the last 30 days is $579,107. Residential homes for sale in Sherwood sold higher than asking price for this month, at an average selling price of $583,882 while new-to-market listings had lower asking prices averaging $579,107.
New listings in Sherwood are outpacing sold properties. For the most recent 30 day period, 41 properties sold and 47 came on the market. In summary, new listings outpaced sales by 6. As a point of reference, in the month prior, there were 56 sold Sherwood residential listings while 45 homes for sale became available on the market. Keep an eye on the number of pending listings (currently 64) 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.