Only 3 closed sales last week, one being a beautiful 3,500 square foot 4BD/3BA Spanish style home in Edgewood Park that sold for $3,225,000. It was also on the market for 158 days before selling. Needless to say, this week's sales numbers are a bit skewed as a result. What's reassuring is that inventory continues to climb, posting double digit new listing totals for the second week in a row. We'll remain hopeful that this trend continues through Spring, when market activity typically kicks into full gear. Stay tuned!
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