What’s Happening in the Market?

December 2019 stats show that we are creeping in on the highs we saw in 2018 in most areas and in several other areas prices have already surpassed the previous year.  Inventory is now below 1 month which means if there weren’t anymore listings coming on the market there would be nothing to buy in 4 weeks.  December 2019 Pendings were up 11% over last December and it appears that momentum is going to carry into a very busy January 2020.  Sellers are in an great position right now and those listings that are positioned correctly (Price/Condition) are once again looking at multiple offers.

 

 

Posted on December 9, 2019 at 9:59 am
Bellevue Commons | Category: Forecasts, Market Stats, New Year, Windermere Bellevue Commons News

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