Our Recent Market Update

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Real Estate

Are you interested to see what the market looked like over the past month? You are in luck because the November numbers are in! Here is what we saw and we have to say if you want to buy or sell now is the time to do it! 

  

Sold Listings are UP 10% Year over Year and UP 9% YTD

Pending Listings are UP 20% Year over Year and UP 16% YTD

Active Listings are DOWN 46% Year over Year and DOWN 7.2% YTD

Average Sale Price YTD is $337K which is UP nearly 8% over YTD last year

As you can see we still have extraordinarily low inventory- not enough houses to sell to all the buyers who want to buy one! I am told all the time "nobody buys houses in the winter"- NOT TRUE! We still have an excess amount of buyers and too few homes for them to choose from! 

This is still a great time to list your home AND with low-interest rates, you can't go wrong buying now either! Click HERE to view our inventory and give us a call to get started on your real estate journey! 907-529-4660