Harrington Grove
Real Estate

Harrington Grove Real Estate Snapshot
January 2022

We all know the housing market is scorching hot! Every month, we provide the latest housing data for the whole neighborhood, and what that means for you, the homeowner. From January 2021 to January 2022, the number of homes listed is +29%. The average sales price is +39%, the average price per square foot is +35%, and the number of days a home is on the market is +79%.

I would not be concerned about the change in days on market. This occurs from time to time when there isn't enough data or there is some sort of outlier which in this case is what threw days on market out of whack. Over the course of 2021, our average days on market was 5. 

Harrington Grove is such a popular community! With lacking inventory and high demand, homeowners continue to have a prime opportunity to sell with great success. And if you are considering making a move, the increasing proceeds from the sale of your current home, combined with interest rates still at historical lows, gives you that much more buying power.

Even if you are not considering a move... now is a great time to refinance. Lenders are offering up "cash out re-fi's" that allow you to lower your interest rate, potentially lower your monthly payment, and get cash back to put towards those home improvement projects you are dying to make!

Here's what happened in January* with Harrington Grove Real Estate.
*Housing data is released in the middle of the month for the prior month. February 2022 housing data will be released mid-March and this page will be updated then.