Local Trends

The local real estate market is influenced by national trends as well as by several key local factors: inventory levels, interest rates, and how long homes stay on the market. A seller's market typically has low inventory, quick sales, and rising prices, while a buyer's market shows higher inventory, longer selling times, and stable or declining prices. Here are some statistics for your local market. Let me know if anything catches your eye that you'd be interested in discussing in more depth.