Tuesday, October 13, 2015

4th Quarter = Buyers Market






It is that time of year again...winter.  This is the time of year that everyone wants to take their house off the market and wait until the spring market.  Why?  Do buyers stop buying in the winter? No, they continue to buy all year round although they do get frustrated with the lack of good inventory.

The truth is the prices have gone up since last spring.  The median sale price for a home in April, the height of the spring season, was $233,000 and in September it is $239,000.  During this same time period there were 9,718 homes for sale in April 2015 and only 9,313 in September 2015.  The average days on market is the same about 43 days.

Now is the time to put your home on the market and sell it in time to go to your favorite warm weather spot for the winter!