Man oh man, we are still going full steam ahead as we get to the end of August moving into September!!
Lets compare the numbers to my last update done towards the middle of August, it is pretty interesting to see how we had a little dip of new listings.
New listings NOW: 89 vs New listings LAST: 61
Back on Market NOW: 14 vs Back on Market LAST: 13
Price Reduced NOW: 28 vs Price Reduced LAST: 38
Price Increase NOW: 1 vs Price Increase LAST: 1
Contingent offers NOW: 11 vs Contingent offers LAST: 10
Expired Listings NOW: 1 vs Expired Listings LAST: 7
Pending Offers NOW: 183 vs Pending Offers LAST: 186
Sold Listings NOW: 112 vs Sold Listings LAST: 109
Cancelled Listings NOW: 8 vs Cancelled Listings LAST: 11
As you can see, we have very similar transaction numbers. The main difference between the two is that the dip in NEW LISTINGS rebounded to a more “normal” number in the low to mid 80 range.
The continued super low interest rates appear to be a huge driving factor in motivating people to make the move that they may have been waiting to make. Is that your situation? There may never be a better time to take advantage of these crazy rates than right now!
Find out what your current home is worth in today’s (low inventory) housing market by clicking HERE
If you are a buyer looking to stay on top of the market by seeing new listings AS SOON AS THEY HIT THE MARKET, click HERE
If you have ANY questions, please contact me at any time! I look forward to helping you in your real estate goals!
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