•••••• 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞 ••••••
Very interesting stats as we move full swing into the fall market.
- Typically we see an increase in the inventory levels at the end of summer heading into the fall market. This year, however, the inventory levels are remaining low in our market snapshot towns.
- With interest rates hovering at a 3 year low, we should see strong buying activity this fall, especially with first time buyers maybe being nudged off the fence with the enticing rates.
- If you’re a seller, now is the time to get your property listed if you haven’t already. It’s even more important this time of year to market properly, especially when it comes to pricing. Overpricing, even by just a little bit, could cost you valuable time and money in a shorter fall market.
Check back next month to see how these numbers will compare to Septembers snapshot. If you're looking for a more detailed market report on your town, head over to the Market Reports section of our Homepage.