As we get ready to swing into the summer, the end of the Spring market has brought some welcome stability and an uptick in activity. We’ve been busy the last month, with sales rolling along and bunch of new happy Buyers and Sellers. While sales in May were still below the 10 year average, the numbers climbed compared to last year and represented a significant increase over the past few months. We’re seeing great properties (fantastic outdoor space, desirable building, good floor plan, etc.) sell very quickly (and many times in multiple offers), whereas many decent listings seem to sit on the market (and these statistics show an average of about 2 months). Sellers, keep in mind there is a Buyer out there, it just may take awhile for them to appear. And Buyers, don’t get discouraged by quick sales. Prices aren’t increasing… you just need to be ready to act quickly for that special home.
The number of listings might start to dwindle as we get closer to summer (people start spending more time on the beach, and less time doing anything else!), so if you’re looking to sell, start preparing!
Contact us if you have any questions about buying or selling real estate in Kits – we’re happy to help.