January Market Update

 
This is so true! I made a conscious decision a number of years of ago to spend less time worrying and more time taking action to accomplish what I was worrying about and it definitely brought more peace into my life (and the others around me!).

Holy cow! What a crazy market so far this year! Sales year to date are up 42% from last year and the active inventory is down 21%. And this is comparing to pre-Covid sales from January last year. Homes are getting 10, 15, 20 showings and multiple offers within days of being listed. This is the highest amount of activity since 2014.

I don't expect this to last forever, as I'm guessing more inventory will come on the market as restrictions loosen and of course more homes will be listed specifically because of the surge in activity, but for now it's a hold on and here we go kind of market. For people that have been waiting for an uptick in the market to be able to sell and get out, this is definitely it.

Hope you're having an awesome day!

This months CREB stats report can be accessed by clicking here:
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