Graphstats for October 2018
I hope all had a wonderful Halloween! I took my two youngest out trick and treating, and they brought home enough to share with Dad.
We just got a copy of the stats for October and look forward to sharing our thoughts with you! The month had a strong comeback from a mediocre September. We feel that in part to the rise in interest rates helping to encourage those that have a locked in rate to “get off the fence”.
There were 82 homes listed in the month and 63 sales for a strong 77% sales to listing ratio. The sales volume was down a modest 12% compared to 2017. So, moving forward we do not see the listing inventory climbing substantially for a while yet, and that equates to market values remaining stable.
To view graphstats, click here.