November Market Update

This November, the real estate market performed better than the same time last year! Here's what we’re seeing:
-Active Homes: Up 7% compared to November 2023.
-Pending Sales: Surged by 48% from last year.
-Closed Sales: Increased by 37% year-over-year.

The increase in active listings throughout 2024 shifted the market from a seller’s market to a balanced market, giving buyers more options and creating more competition for sellers.

Although pending and sold homes haven’t kept pace with the rise in inventory earlier in the year, November showed a big boost in buyer activity, signaling renewed buyer confidence in the market.

Holiday Advantage:
Sellers, this season offers an opportunity with less competition while prices remain steady.
Buyers, there’s still great inventory to explore for your dream home.

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