Monday, April 8, 2019

4/1/2019 - 4/7/2019

As we head into the Spring season, more and more homes are hitting the market each week.  18 new listings this week, and 15 the previous.  Spring is generally a popular time to sell, and so far this year is no different.  So far demand has been able to keep up - homes are selling fairly quick, and at a healthy sales to list price ratio.  We aren't aren't seeing the same number of price reductions that we were seeing at the beginning of the year, so that's encouraging as well.

I wouldn't expect a Spring season of breakneck price growth like what we had become used to the past several years.  What we are experiencing right now is a much more sustainable rate of growth, we'll see if it persists.


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