This is what the graphic (thank you KAARMLS) means:
1. Massive appreciation for home owners – The average home in our area is selling for $65,000 (27.7%) more than it did one year ago.
2. The Market hasn’t slowed – We are closing sales at the same pace as last year.
3. Inventory is still tight – There are almost 400 more homes to see today than there were this time last year but still around only 1/2 of what we historically have on the market.
4. Under pressure – An average of 17 days on the market means you will have 1-3 days to view and offer on the best properties.
