Price reductions at 2 – If you shot to high with your initial asking price its obvious now but with invetory so low I guess they figure why bother
Total houses for sale 59 with median of $2.3M.
This week last year we got 31 new listings and 37 sales with 87 on the market. This year only 9 new listings with demand still strong. Inventory is 30% lower and look what happened last Spring.
Prices feel stretched already but with this kind of imbalance I dont see how we get less than 10% appreciation up here next year. Making that call now
