November is here and the housing market is still very active! We have seen more listings, but are still at a 1.5 monthly supply. Our list price to closed price has decreased a bit, showing the frenzy has calmed. There is still a strong buyer demand and we remain in a seller’s market, but buyer’s are picky. Some houses fly off of the market and some sit. Want to make the move to buy or sell before winter? Let’s talk and get you started!
Why Some Homes Sell Quickly – and Others Sit on the Market
If you’ve been watching the real estate market lately, you may have noticed something interesting. One home goes on the market and is under contract within days. Another home sits for weeks and eventually has a price reduction. So, what makes the difference?
