Market Watch for July 29, 2020
Single Family Market Report:
1359 Active Listings (this is 52% lower than this time last year!!)
296 New Listings as of Wednesday, July 29
176 Under Contract (Inspection Period)
What should you take away from this? Last week inventory was down 50% over last year, this week it's down 52%....So it's just getting more difficult for buyers to find a home & that means they just have to be as patient as possible (yes, I'm talking to you!!), hang in there (don't give up--we'll get one to stick), & be willing to put in competitive bids.
If you're holding onto a home that you've considered selling-----CALL ME!!!! I've been able to find buyers for two homes that we didn't put on MLS. If that's the best option for you I'll do it. There are pros & cons that we'll discuss but I don't advise that you wait! Let's chat!
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Buying or Selling? Here's some useful advice!