Inventory is reeling in as the holidays approach us. With Thanksgiving week officially upon us, our 59 currently active single-family homes for sale are the lowest since the first week of September. Expect that number to continue dropping through December. As we get closer to Christmas, we will probably see more cancellations and withdrawn listings, as sellers pull their homes off the market and wait to relist in the new year. This is a common strategy for homes that have already racked up significant days on market heading into the holidays. The idea is that since the holidays are generally a slow time for real estate anyway, it offers a good window to take your listing down, perhaps make some cosmetic improvements/changes, take new photos/video, and consider a new price. After 30 days you can relist your home in MLS and it will show as a brand new listing again.
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