Wanted to get this one in early before holiday shutdown. We expect the market to be mostly shut down by now. Homes listed now are more than likely vacant. Who would want to list their home over the holidays if they didnt have to? Why not wait for the early Spring rush to begin at this point. Lets see what we got
New listings 4 – pretty much shutdown
New Pendings of 14 – buyers still chasing though!
Closed sales at 6.
Price reductions at 0.
Current inventory at 7 with median price of $969K.
Verdict: Of the 7 on the market 4 are negotiating offers and 1 cant be shown due to tenants. There are 2 overpriced homes sitting and one of which should sell in the next or at most two. Should be sluggish for rest of the year. This market is wrapped up for all intents and purposes
