Market Update January 2023

 

Seriously, the headlines are completely insane! Talk about click bait! Don’t listen to the headlines, watch the trend lines!
The sales numbers are down because inventory is down. We have a couple recent stories of what’s really going on in our local market. There was a house that came on the market ($700K range) and there were 150 people through the open houses on Saturday and Sunday and 6 offers! We wrote an offer on a luxury property over $4 million dollars last week and there were 5 offers and the listing agent was expecting 2 more!
Buyers are coming back into the market. Properties that are priced right and in good condition are flying off the shelf, just like usual.
If you are thinking about making a move or have any questions, we would love to talk and help you map out your game plan.