Punxsutawney Phil did not see his shadow and predicted an early spring. Does that mean an earlier Spring market for home sales? If you look at the graphs below, we are off to a good start already this year. There is much in the news about a real estate sales slow-down due to low inventory and high interest rates but the reality exists that the market remains very strong.
- Average Sales Prices have continued to climb
- # of Homes Listed and Sold have improved over last year (inventory still low)
- Average Days Until Offer is 26 (slightly higher for the Luxury Home Market at 50)
