A new year and a new market update! Home inventory remains steady with moderate buyer activity despite the winter months. This time of year is typically slower than other month due to winter weather and the business of the holiday season. There was movement in the market in January, with some mild fluctuations compared to December.
Days on Market: Increased compared to December, indicating a slightly slower pace for sales.
Average Sales Price: On the rise, showing positive value growth despite the seasonal market slowdown.
Inventory: The number of homes available remains steady, similar to December levels.
If you are interested in more information regarding the local housing market, give us a call!
RE/MAX Professionals 307-682-6622
