Like our 4th of July celebrations, we finished June with a bang! Our last month of spring finished very strong (source: PPAR):
– Business continued to get done! We had 9% more closings than in May.
– Sellers enjoyed a nice boost in their return (+8.2% month-over-month).
– Buyers had slightly more options but kept demand very high (with only 1.45 months of inventory).
A balanced market (where buyers and sellers have an even playing field) is six months of inventory. So, sellers, there is no “bad time” to list your home this summer and fall. We’ll prepare and price your home strategically to entice the right buyers.
And if you want to purchase or invest, the next couple of months may have more opportunities! As people are distracted with travel and getting kids ready for school, there could be less competition. I’ll help you negotiate to get a price and terms that fit your needs. Text, call, or email me at 719-963-6582 or tanya@parkavehomes.net.
