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The Lockwood Report: Daily Welches Housing Market Update for Jul 13th, 2020As of Monday, Jul 13th, 2020, in Welches there are a total of 12 active residential homes for sale, 12 pending listings and 2 properties sold in the most recent 30 day period. The average list price for all active residential listings in Welches is $335,973, while the average asking price for properties new on market in the last 30 days is $345,075. Residential homes for sale in Welches sold at an average price of $264,500 while newly listed properties came in higher on average, at $345,075.
New listings in Welches are outpacing sold properties. For the most recent 30 day period, 2 properties sold and 10 came on the market. In summary, new listings outpaced sales by 8. As a point of reference, in the month prior, there were 5 sold Welches residential listings while 9 homes for sale became available on the market. Keep an eye on the number of pending listings (currently 12) because an increase in pending sales may offset an increase in new listing inventory.
*A zero result on the above Welches graph means that no properties sold in the respective price range during the month indicated.