We’re in the busy spring real estate market! However, we’re seeing new listings drop slightly across the board (and as large as a 13% drop as compared to last May). Our area’s low inventory is reflected in these numbers, and that’s also why we are seeing average days on market continue to drop and prices rise. Although we’re seeing our comparative month and YTD sales and under contracts drop, we are seeing a slight rise in those categories over the past 12 months.
If you’re looking to sell your home—this is certainly a seller’s market! Please, if you have any questions, or are looking to put your house on the market, please contact us!
If you’re interested in starting the home search, we’d be more than happy to guide you through the ins and outs of purchasing from contract to closing. Stay tuned for more Market Trends… right here on Harrisonblog.