Where Is the Bucks and Montgomery County Market Heading?


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Buyer traffic between July and September was very strong across the United States. For that same time period, however, seller traffic has been pretty weak nationwide. In other words, the demand for homes is outpacing the supply, which means we need more homeowners to step up and sell their homes!

Our goal is to get more sellers involved in the marketplace. A balanced market is a six-month supply, anything over is a buyer's market and anything under is seller's market. Right now, our inventory is sitting at 4.6 months, which means sellers currently have a huge advantage!

 

Despite the fact that we didn't have too many sellers in the marketplace, existing sales in the marketplace are way up year over year. Not only are homes selling -- they're selling quickly because inventory is low!

If you're ready to sell your home, there's simply no reason to wait! The market is in fantastic shape for sellers, so now is the time to start preparing your home for the market!

If you have any questions about our market, or if you would like real estate help of any kind, please don't hesitate to reach out to us. We would love to hear from you!

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