Our stats say we are transitioning in our market except we have no inventory. When summer hits, hot weather, kids are out of school.. it usually slows and our listings have seen it.
Our market is slowly regressing.
Down 28% from March to June
Supply is not increasing and puts pressure on price.
Buyer resistance is happening, a big difference from 60 days ago.
What is selling is selling quickly, no change in price month over month. Last 3 months haven’t changed.
Days to sell is low 22 – 32 days
No increase in supply in the family home market, inventory went down last month.
Condo market soft, time to buy!
Townhome market pricing is down from last month.
Mobile home market is down in price.
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