Just thought that I'd provide you with a status update on our current market conditions. The number of active listings are falling! Today, a total of: 43 active residential (including both homes and condos) listings expired. That's great news for current sellers as there's far less competition. At the present time, there are currently a total of: 563 active residential listings (only residential). This is a significant decline vs. this time last year when there was roughly 750 residential homes for sale.
Inventory will continue to decline over the next several months. I strategically align my property listings to expire at year end. My goal is to give the listings a rest over the winter and re-list in the spring when there's a resurgence of buyer interest. Just thought that you'd like to know.......
Marianne Pittard
RE/MAX River & Sea
Cell: 503-440-0577
Office: 503-738-9552
e-mail:
Marianne@MarianePittard.com
web:
http://www.mariannepittard.com/
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