Lack of Inventory Limiting Sales
Winter time can be a slower time for the local housing market, but typically because buyers are not motivated to buy waiting for better weather to make a move. The winter of 2016 – 2017 is unusual because there are many more buyers than sellers causing multiple offer situations and a sellers market with many areas hovering around 1 to 2 months of inventory. This has caused home prices to rise because of the imbalance in the market.
If you are thinking of selling this year, now is the time to talk with us before lots of other competing homes come on the market. Call or text Chris at 978-835-1776 to schedule a free consultation to sell your home in Massachusetts, New Hampshire or Maine.