Weekly Market Update June 14th, 2020

Market Trends

The Week of June 7th-Pending sales continue strong. Inventory is steady, not what we look for this time of year. Hoping a lot of those that pulled their properties the last few months come back now they can see no crash is coming. Properties closing last 30 days maintain 97% of list price. With interest rates historically low we are looking at an active market. Now's the time. If you see something you like better get on it, inventory may not increase this year.  

6/14/20  718 Active 178 Non-preconstruction Pendings

Pendings;  DOM median 20 Ave 62
Price Decrease (49)
Price Increase (5)
New Listing (79)
Back On Market (4) 
Pending (76)
Sold (28)
Withdrawn (6)
Expired (5)