December is here and November’s numbers are in! How about enjoying the real estate news with a hot cocoa this time of year?!
Compared to this time last year, the market is still looking great! The number of homes sold AND pending sales are up from this time last year. Overall, it’s doing better than expected. The real estate industry has been anticipating a market shift at some point in the near future. But here in Orlando the inventory of homes for sale has just gone down. It’s no wonder with high demand and the lowest inventory all year that the market prices are up 3% since last year and still in the black!
That’s to be expected as people tend to hold off listing their homes (or even take their homes off the market) during the holiday season because it can be a little inconvenient during all the holiday fuss. But did you know that is why it is actually a fantastic time to sell your home? With inventory lower, it actually means that those who are looking to purchase, want to do so quickly but have less options to choose from. This, as a seller, gives you and advantage. If you’d like to learn more about how now is the best time to sell your home, check out our 11 Reasons to List Your Home During the Holidays.