When homes are priced correctly we are seeing homes selling quickly with 63.2% of the homes coming on the market still selling in 10 days or less.
Currently there are 179 homes currently for sale, last year at the same time there were 344. That is 48% fewer homes on the market over the same time last year! Our housing inventory is still very low and many homeowners who would like to buy a new home, but are having a difficult time finding a home they’d like to purchase. This is causing them to hesitate to put their own home on the market!
With interest rates still below 3%, it’s a great time to buy, and with anxious buyers and limited inventory, it’s still a great time to sell!