Pictures tell the story. . .
As you can imagine, with sales WAY UP, For Sale Listing Inventory is way down.
Competitively priced, well staged and supremely marketed homes place the seller in the multiple offers and fast sale cat-bird seat.
Prices aren’t jumping but the average Sold Price to List Price Percentage is rising (currently at 97%).
Which is good news for sellers. For buyers this means that low ball offers are being rejected, which is normal in a Seller’s Market.
Real estate economists believe that six months of For Sale Inventory represents a balanced market. As you can see, it’s a supreme seller’s market.
If we can be helpful with anything real estate related, please call me – Ken Brand 832-797-1779.
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