Real Estate
House Sales Stay Strong Through Fall
Pent-up demand, low mortgage rates keep market active.
A total of 23 homes closed in the last two months, 11 in October and 12 in November. There are a total of 97 actively listed Warren properties and with 7 having gone under contract in the last 30 days, the “time to sell” ratio stands at 13.8 months, up from prior periods largely due to predictable seasonal slowing of closed sales.
At this time of year, I am frequently asked if it makes sense to be on the market over the holidays and my answer never wavers, “yes!” While there are certainly fewer buyers out at this time of year, holiday buyers are serious and highly motivated. Competition from other listings is diminished due to low inventory levels improving your standing and likelihood to sell. This year has been unusual sustained buyer activity breaking through usual seasonal barriers.
I credit this to pent up demand and these amazingly low borrowing rates. If you and your home are ready to sell, list now and if listed, stay on the market through the holidays.
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Address Listing price Style Rooms Selling price
Percent of listing price