Welcome to the Twin Falls County market review for September! Last month, 74% of listed homes sold, which is slightly lower than the previous month's 77% and 10% lower than 2020's 84%. However, the good news is that we are approaching a new market that is less volatile than the past few years, providing a more stable environment for buyers and sellers alike.

The sales-to-list price ratio in the Twin Falls area has remained consistent over the past few years, hovering around 97%. This indicates that realtors are listing properties at a price that buyers are willing to pay, resulting in a better outcome for all parties involved.

The average sales price for a single-family home under 2 acres in Twin Falls County is currently $365,835, which has decreased from last month's average of $400,981. The average days on the market is 55, which is lower than last month by 17%. This is an indicator of an uptick in buyer activity and a positive sign for the local real estate market. However, compared to last year, properties are on the market 83% longer, which is not surprising given the high demand for homes in the area.

If you want more information about the data provided, please feel free to contact the source anytime.
The number to reach out is 208-490-3169.