Weekly Market Update
The week of September 20th—Pending sales continue at a record pace. September will probably set a new one-month record. Inventory is dwindling. Properties closing in the last 30 days maintain 98% of the list price. With interest rates historically low, it may not slow down till nothing is left to buy. Now's the time. If you are thinking of selling, the time has never been better.
9/28/20 329 Active 497 Non-preconstruction Pendings
- Solds last 30 days 98% of list price
- Pendings; DOM Median 20 Ave 62
- Price Decrease (23)
- Price Increase (3)
- New Listing (31)
- Back On Market (9)
- Pending (108)
- Sold (85)
- Withdrawn (7)
- Expired (11)
Market Analysis % Change YTD August 2020: Monetary volume ($293,252,195) in August 2020 was up 23% from August 2019. Transactions (368) were up 41% from August 2019. YTD 2020 monetary volume is now pacing only 12% down from YTD 2019. YTD 2020 transactions are pacing now only 11% down from YTD 2019. I think we'll catch up on September stats. 33% of the real estate closings for the month were cash transactions
I hope you're safe and healthy and planning on coming to see us this ski season!
As always, I appreciate referrals. If you can think of anyone who could benefit from my professional real estate services, please let me know.
