Spring is here, more new listings are coming on to the market, now is the time of the prime home selling/buying season, and the market is off and running. By the numbers, the inventory of available homes for sale is 4,428 homes at March month end, 6,291 homes came onto the market, 4,860 homes went under contract, 4,480 homes closed at a median sold price of $371,000 and an average sold price of $423,437 resulting in a closed dollar volume of $1.9 Billion. Mortgage interest rates have increased at this time. Buyer demand is huge. Active listings are increasing; but, homes are selling fast on average in less than a week. Be you a Seller or a Buyer, you need to be aware of the home market, all creative activities that are now part of the home buying process, and be prepared.
