September 2019 saw a big jump in new listings at 855 (up 18.26%! y/y) – although sales are still up at 524 units sold (up 7.82% y/y) , they are are being outpaced by new listings. Average price is still doing well at $329,238 (up 9.10% y/y).
What does this all mean? Our low inventory is slowly balancing so if you’re selling NOW IS THE TIME. If you’re buying you can expect more selection and perhaps, depending on your price point and location, less competing offers than we’ve been experiencing over the past few years.
Real Estate is very local and price specific – it is very hard to average and generalize. Contact me and I would be happy to shed some light as to what’s happening in YOUR specific location and price range.
