Real Estate Market Update for December

Our 2019 market was fantastic, and 2020 looks like it will continue the trend. Here’s why.

 

Before we bring in the new year, today we’ll be going over a quick end-of-year market update.

Whether you were a buyer or seller, 2019 was a great year for real estate. We’ve been in a seller’s market throughout the year, but buyers have been able to take advantage of incredibly low interest rates.

 

“Whether you were a buyer or seller, 2019 was a great year for real estate.”

 

Currently, our average sale-to-list price ratio is sitting at 97%, and homes spend an average of 65 days on the market. Interest rates are still low, making it a great time for buyers to jump into the market. The 2020 market looks to be just as good as what we saw this year.

If you have any questions or would like more information, feel free to reach out to us. This is a great time for buyers to jump into the market! We look forward to hearing from you soon.

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