When school went back into session, so did our market! We had a boost in listings last month, much to the delight of buyers who’ve been on the hunt. That shift eased the competition a little bit (stats provided by DMAR):
– 11% more homes on the market than in August.
– Homes took 18% more time to go under contract in September.
– Average sales price remained steady.
Yes, sellers, it is still a “scorching” market. With less inventory, the demand remains high. Now is still an excellent time to strategize your home sale.
Buyers, the odds of purchasing are still a little more in your favor than they were a few months ago. And as we approach winter, there’s likely to be even less competition.
Let’s connect if you have questions about your options. Melodee (303) 868-3097, Dianne (303) 249-7415.
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