The most important indicator is “Active Listings”. Heavy inventory is an indicator the market is slipping into a buyers market. At or below the 5 year average is a good sign for sellers.
Supply and Demand dictate market conditions
- Supply of homes over 3 months, indicates “Buyer’s Market”.
- Supply under 2 months, indicates “Seller’s Market”.
Compare The Casey Samson Team statistics to your local market:
Average Sales Price to List Price is 99.1%. Chart 4
Average Days on Market 32 Days. Chart 5
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