It’s true! The number of each category has gone down a bit. Part of this is due not to the market change but in the way the numbers are reported. In an effort to get homes sold faster and for better terms some agents are now listing them in multiple MLS systems. As I pull these numbers the duplicates are not removed. I’m not sure when this occurred.
Going forward we will be removing these duplicates for you, even if, as today, we have to do it manually. In our opinion there is little sense providing these if they’re not as accurate as we can make them. That said, here are the filtered numbers for last week:
|Newly Listed||Back on Market||Price Increase||Price Lowered||Under Contract||Closed|
The overall market in our area seems to be experiencing its annual slow-down to some extent. Sales and new listings have slowed compared to recent activity, are down a bit from last year at this time, but are still ahead of “normal” for the holiday season.
Interest rates are still VERY low, prices are climbing slightly (about the normal rate) and activity continues. Is today a good time to sell or buy? Talk to your Realtor®, or drop us a line. Get the real information for your specific situation.