Market activity continues to pick up, as 10 homes went into contract last week. Perhaps most encouragingly, is that the week's closed sales included some of our older inventory. 3 of the 10 closed sales had been on the market for over 50 days, including one that sat for 124 days before selling. Seeing this older inventory clear is an encouraging sign that more buyers are coming to the table. Selling off older listings will also be key in helping us "reset" the market, so we can see the strong Spring season many in the industry have been holding out hope for.
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