It’s a Seller’s Market

This fall has been an interesting time in the real estate market.  The  inventory of houses has been declining.  The Election may very well have had a great deal to do with this decline; but.  right now, it is a seller’s market. Housing inventory has been declining for the past three years. 

There were 352 active listings in October, 2010.  Average number of days for a house to be on the market was 148 days.

In October, 2011 the inventory was down to 266 properties.  Average number of days for a house to be on the market was 138 days.

In October, 2012 inventory was down to 178 properties.  Now, the average number of days for a property to be on the market is 89 days.  This is an excellent time to think about listing your property.

If you have thought about listing your home, please contact me. 

Judy Silverness

 judy.silverness@gmail.com or @

Schillmann Realty

Cell 763-656-9697.