The 15 sales that closed this past week were on the market for an average of just 10 days. That's a refreshing sight, as that number has more often than not been up in the 20's so far this year, and 15 sales is a fairly healthy sample size.
So far we're heading into the Spring season with a bit stronger inventory than last year, but if average DOM stays low, that will signify there is still plenty of demand to sustain a strong market for sellers. It's still too early to tell whether or not that will be the case, and recent weeks seemed to suggest that demand could actually be tapering off a bit, but we'll keep an eye on DOM in the coming weeks, as that will be a good barometer for demand.
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