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Has the Market Cooled?

Has the Market Cooled?
August 23, 2019 Hadley Ott
This month we answering a question we keep getting asked…has the market cooled?
Short answer: YES! Long answer: As days on market increase, more listings enter the field of inventory, prices seasonally drop this time of year and we are seeing several back on market properties hit MLS – yes, indicators show the market is cooling. This is not to say that all listings are doomed and are selling for significantly under list price. It simply means now may not be the best time of year to sell if you do not have to. Buyers – now is your time to jump in the pool and snag up a great property at a great price! Give us a call right away and let us know how we can help you make the most of your purchase.

If you have a question you’d like us to answer in this segment, please email or text us your question any time! We’ll be happy to address any question in an upcoming newsletter.