The week of May 3: We seem to be holding steady. With showings resuming, pending contracts nudged upward. Properties closing in the last 30 days maintain 97% of the list price. Price reductions increased. Back on the market, it continued to be modest. With interest rates historically low, we are in the most buyer-friendly market in years.
5/10 584 Active 98 Non-preconstruction Pendings
- Pendings: DOM Median-32, Average-79
- Price Decrease (32)
- Price Increase (4)
- New Listing (51)
- Back On Market (9)
- Pending (35)
- Sold (20)
- Withdrawn (26)
- Expired (7)
New listings are coming on, but more people are pulling their properties off the market. That's keeping the number of active listings steady. Now's a great time to find the home you've always wanted. If it's here today, it may be gone tomorrow and not be back for a very long time.
I hope you're staying healthy and planning on seeing us when this passes. We miss you all!
As always, I appreciate you. If you can think of anything I can do to help make your life easier today, please let me know.
