Market Update: Our Market Is Back In Action!

February Market Update

February pressed the gas pedal on our market. Buying and selling activity picked up, including more inventory. Some of the highlights (source: DMAR’s monthly report): 

 - Well-prepared listings in "hot" neighborhoods are moving fast. Buyer demand is strong, and more sellers are putting their homes on the market. 

 - Home prices had a bump. Year-over-year, the average sales price is $25,000 higher than this time in 2024. 

 - Yet, buyers are still taking their time to decide, but the average days on the market slightly sped up. 

 Buyers, in theory, you have time to place offers and negotiate. However, spring is here. You may have a little competition if a home is in excellent condition and priced well. Sellers, the most successful listings, take time to prepare and need an effective, win-win strategy. The sooner you contact me to get started, the better your chances to reach your goals.