How’s the market? Overall it’s good. Sales are down roughly 4% through the first three months of the year. To me the market demand seems strong enough, but the low inventory has reduced the possibilities of a buyer finding the right house. It’s
The strength of the market definitely depends upon the price of the home. Here is a quick indication of the strength of the market by price range:
Price Range Active Listings # Under Contract % Under Contract
Under $1 Million 376 424 53%
$1 – $2 Million 121 69 38%
Over $2 Million 79 17 18%
View the slideshow below for a complete update on the market including comparison over the past five years.
