With February almost in the books and the home selling season getting ramped up, here’s how the year kicked off. There are three key takeaways from the January RE/MAX National Housing Report.
1. January had the most homes on the market in at least ten years
2. Year-over-year sales dropped 11%
3. Home sales prices went up 4.6 % from January 2018 averaging $234,000.
You can read the full report here. https://www.remax.com/newsroom/press-releases/remax-national-housing-report-for-january-2019.htm
So, what's this mean for you? These numbers suggest that if you’re thinking about buying a new home, you have more options than you’ve had in the last few years. Sellers, you don’t have to worry, with rising prices, there’s still plenty of opportunity for you.
If you have plans for selling this spring or summer, it’s time to start planning. We’d be happy to talk about your situation and our local market.
At RE/MAX Flagstaff, our dedicated REALTORS® are driven to serve you and are committed to success. Please let us know how we can assist you with your real estate needs. Call us at (386) 246-8585.