Thursday, February 26, 2015

How is the market?

I get asked daily: how is the real estate market? Here is your monthly market snapshot for south county. There is an extreme shortage of inventory on the market right now.  Active listings are down while closed sales and prices are climbing.  As you can see in the graphs below the south county market and the real estate market as a whole is coming back very strong and with each month prices are steadily increasing.  If you are thinking about selling a home NOW is the time.  Once Spring gets here the market will be flooded with inventory and prices will plateau with simple supply and demand. Right now though inventory is very low so you have little to no competition on the market.  If you have questions or want to know how much your home value has increased call me today at 314-277-2633 or email at Brinkmannrealestate@gmail.com with the subject Home Value.