Weekly Market Update April 12, 2020

Market Trends

The Week of April 5-Pendings continue downward. During a downturn, even before prices drop, there are opportunities that come on the market that previously may not have been available. With that in mind you can snatch that dream home up if you see it. At the current time brokers are not allowed to do in person showings. You can look at digital renderings and place a property under contract with the contingency of doing a personal inspection, inspections are allowed but only for properties under contract. 

4/13/20 564 Active 307 Pending

Pendings; DOM Median-53 Average-85
Price Decrease (7)
Price Increase (1)
New Listing (28)
Back On Market (4)
Pending (9)
Sold (22)
Withdrawn (15)
Expired (10)
The Week of March 30

4/5/20 562 active 317 pending

Pendings; DOM Median-56 Average-88
Price Decrease (21)
Price Increase (0)
New Listing (46)
Back On Market (16)
Pending (13)
Sold (33)
Withdrawn (16)
Expired (18)
The Week of March 23

3/29/20 530 active 348 pending

Pendings; DOM Median-56 Average-90
Price Decrease (9)
Price Increase (0)
New Listing (48)
Back On Market (15)
Pending (17)
Sold (21)
Withdrawn (14)
Expired (5)
 
The Week of March 16th

3/22/20 493 active 

Price Decrease (20)
Price Increase (2)
New Listing (39)
Back On Market (25)
Pending (28)
Sold (20)
Withdrawn (25)
Expired (9)
Guidelines have changed this week; No public showings until at least April 26th. Inspections and appraisals are allowed. You can put a property under contract with a contingency for a personal inspection. Proceeding to closing in 30 days is still possible.

I hope you're staying healthy and planning on seeing us when this passes. We miss you all! 

As always, I appreciate you. If you can think of anything I can do to help make your life easier today, please let me know.