Wednesday, July 08, 2020

What is happening?

We receive a lot of questions about the current marketplace and what the data is saying.  We are in historic times in a lot of ways.  However,  the real estate market is still stable and very active and for that we are appreciative.  Below are the latest snapshots for the Triad region of NC.  We can go much deeper, all the way down to a neighborhood but these charts paint an accurate picture of how our real estate market is performing month ended June 2020.

As you can see:

-Median home sales price are at historic price ....
-Inventory is still tight....
-Property is selling quickly in some price points....
-High List to Sale Price...
-Increasing Price per Square Foot...

We are in a seller's market - if you would like to learn more about why now is a great time to sell, we would be happy to show you more details and guide you on your options.