Hi again! We had a bit of snow this week, but nothing that slowed the hot market we’re experiencing at the moment.
It’s that time of year when we have our annual upswing in sales, what I’m calling the “seller blip”. It’s the best time of year by far for sellers, and this year it’s even better, since inventory of homes for sale in December was down by a whopping 44% from December of 2015! (Click here to see the Local Market Update.)
And pending sales for single-family homes were up by 109.1%, a really stunning number. My last three sales were new listings for me, but homes that had been listed for 18-24 months with two other agents, with no offers. All quick sales for me, the one last week just two days.
The condo market is equally strong, with pending sales up 120%, closed sales up 166%, and inventory of homes for sale down by 42.9% over the prior December. The takeaway? It’s a great time to sell! (I welcome all leads for listings.)
