Merry Christmas, Happy Hanukkah and Happy Holiday Season!
This is a December to put in our history books, as the normal Hustle and Bustle of the Holiday Season has been tempered by the Pandemic and decreased our Holiday activities. The Real Estate Market has picked up the slack of activity as Buyers are still very interested in buying as soon as possible with these low interest rates. Every Christmas has a Naughty List, and this year it is the Inventory of Active Listings! There hasn't been a more difficult time to find buyers the right home, as Inventory has shrunk to 1,755 Single Family Homes, 1660 Townhomes and Condos for a total Inventory of 3,415! This is a 51% decrease from this time in 2019! The average price increase of all Residential homes detached and attached is hovering in the 8+% range YTD.
For more in depth information about the current market, contact me today. Call or
text Kathy LeMay with RE/MAX Professionals at 303-565-0884.
