Market Dynamics:
Number of Homes Sold in the Last 6 Months
Amidst continued news of the housing market slowing down concern, local statistics appear to contradict this sentiment. When we drill a little deeper into market activity. Here is what we find:
If you thinking of selling, now is a good time. Why? Historical low inventory levels continue. Buyer activity and pre-approval application process are steady. The continued storyline with a lack of sellers mixed with steady buyer activity is driving pricing activity UP this month.
88% of units that have come on the market in the first three weeks of the year are under contract. For quick and easy market stats see the chart below.
Keller Williams Market Insights & Trends (Last 6 Months)