We hope you will find the following snapshot of August’s inventory statistics for our local Real Estate market informative. Please let us know if you need our help with anything real estate related.
I am optimistic that we will have a strong Fall market based on the Days On Market through August. You will notice that, for the most part, the more affordable homes aren’t languishing on the market and in many cases the DOM for active listings is below that of the sold listings. I take that to mean the number of days homes are staying on the market is trending down, indicating that the supply of appealing homes is sufficient to meet the demand.