This week we listed more homes than we sold; by a significant margin. At a quick glace this appears to have a two-fold cause: we listed more than our recent average and we sold less. Click on any of the numbers below to get a list of homes in that catagory.
| Week ending |
Newly Listed |
Back on Market |
Price Increase |
Price Lowered |
Under Contract |
Closed |
| 26-Oct | 58 | 13 | 6 | 56 | 44 | 46 |
Is the market slowing down? Of the fifty-eight homes newly listed, four are already in contract, as is one of the Back-on-Market homes. While we have not tracked that stat previously that does not sound like a slow market. We’ll keep watch for you
Why are so many homes dropping in price? We believe that some may have been overzealous in pricing when placing their home for sale. The real tragedy here is that these homes may now sell for less than they could have if they had been properly priced from the beginning. To find the value of your home click HERE.
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