Let's get moving!
Let's get moving!
There are no big surprises here - our holiday market took “a long winter’s nap.” But even as we experienced the typical slowdown in activity last month, many buyers took advantage of the lower interest rate and competition. Talk about receiving the ultimate holiday gift!
And compared to this time last year, our average home price is $30,000 higher. So, any homeowners concerned about their property value significantly dropping in 2024 will find the news welcoming.
But December has one very important happening: our most significant purge of expired listings. On December 31st, a substantial portion of our inventory was removed from the MLS (Multiple Listing Service) databases. And with only a trickle of new listings that came on board, we kicked off 2025 in favor of sellers.
If interest rates start to drop, we could see activity pick up after the Super Bowl, and a surge of listings come March (source: Megan Aller, First American Title). So now is a great time to prepare!
Text, call, or email me at 303.912.5394 or [email protected].