Market Snapshot - September 2016
As fall arrives the market continues to stay strong in North County. Home prices are up 5.5% over last year. Lack of inventory continues to be a problem, down 13.6% from last year.
Days on market continues to be strong at only 34 days average to sell a home. Another great indicator we like to see is home selling for percentage of asking price, which is up .05% to 96.6%
So far the market is showing no signs of slowing down in price. Lack of inventory is forcing buyers to wait to find the right home. We can't say it enough, if you have any thoughts of selling now is a great time!
Many sellers worry about selling their home during the holidays and how that can affect the price of their home or if there are buyers shopping for houses. In fact, there are many great reasons why selling your home during the holidays is a great idea! Read our blog post HERE to learn more!