Weekly Market Snapshot: January 2021
This
environment calls for Weekly Updates.
Sales for the
first week of December are up from the previous week. But activity is still low. The time around
the holidays is a traditional slowdown in real estate and businesses in
general.
New Listings
just outpaced Sales for the week. I hope
this trend continues because homes for sale are at an all time low and it’s
having crushing effects.
It will be
very interesting to see how the coming weeks unfold, and if New Listing
continue to come on the market. We will
see what effect the pandemic second wave
concerns, stay at home order and deepening winter will have on the number of
homes for sale.
WE NEED HOMES
TO SELL! If you know anyone CONSIDERING SELLING now is the time! Do not “wait
until spring”. Contact me!
It’s is still
a very strong Sellers Market with low inventory and strong and competitive
buying demand.
Any kind of
well priced homes are selling very quickly and often for over asking price and
with multiple offers especially in the under $700k price range.
We have
changed how we do some things to work in a safe and responsible manner. Please
let me know if I can help in anyway, I’m here to serve.
Be safe and be well!