Are buyers active in Auburn?

There's good buyer activity in Auburn right now. For every home listed for sale, there's one home that is already under contract to be sold. This suggests homes are moving. Overall, homes are selling a bit slower and for less money than they were last year. However, more new listings are coming onto the market compared to a year ago, giving buyers more options. The median listing price in Auburn is $280,900. This price is 8.5% lower than the previous month and 16.0% lower than it was at this time last year. This means homes are listed for significantly less money compared to a year ago, which might attract buyers. Homes are taking a bit longer to sell, staying on the market for a median of 51 days. This is about 9.7% faster than the previous year, showing a slight improvement in how quickly homes are selling. There are 166 homes actively listed for sale, which is 17.7% more than a year ago. Also, 84 new listings came on the market recently, a 23.5% increase year-over-year. This increase in available homes and new choices means buyers have more selection than they did last year. About 16.4% of homes have seen their prices reduced. This is a small increase of 2.6% compared to last year, suggesting some sellers are adjusting their prices to meet buyer expectations. If you're a buyer, this could be a good time to look in Auburn. There are more homes available, prices are down from last year, and some sellers are willing to negotiate.