August was a busy month for closings while buyers and sellers took a break from the market.
65 houses closed in August averaging 103% of asking price. Only 19 homes came to market as many would-be sellers held off, sprucing up their properties in anticipation of increased buyer traffic in September.
Even with inventory at the end of August at a very low 104 units, now that schools are back in session and people are back from vacation, we are already seeing inventory building up again, and I anticipate 60-70 new property listings in September.
Important! – If you are planning to sell in the Spring, among your other priorities, be sure to take your outdoor pictures now and address any oil tank removal issues.
If you have specific questions about your own scenario, call me today to discuss, Rich