Hillsborough will break the 100 sale barrier this year! The low amount of transactions in 2023 (97) was symptomatic of buyers and sellers waiting on the sidelines. Many unfruitful sellers were inclined to adopt 2021/2022 pricing, which was not in line with increased interest rates and economic realities. This caused days on market and sales negotiating under asking after reductions. 2024 should cement us as the tail end of the 2023/2024 transition years, and now post-election, we are poised to experience a more active market beginning in Spring 2025. Significant sales in the $10+ market for Q3 and Q4 should pave the way for a more robust luxury sector in 2025. Remember, 2021 posted 15 sales at $10M+ and 2022 had 16 of these top shelf sales. For 2024, we saw just one eight-figure sale in the first half, but by year-end 7 eight-figure sales will have posted, including some very healthy new comps from $17M-$25M. I predict 2025 can get us back into the range of 125 homes sold for the year, and return to an average price per sq. ft. near $1,500.