Week 1 - Lots of new listings
Week 2 - A few new listings
Week 3 - No new listings
Week 4 - Lots of new listings
Scramble and repeat.
Welcome to summertime!
This spring was rather busy in our local real estate market with lots of new listings -- most of which promptly went under contract, many with multiple offers, many over the asking price.
But now, summertime.
During the summer months we typically see a slow down for a few weeks as school ends and then a very sporadic flow of new listings through June, July and August. This is mainly a result of people planning to leave for vacation, being on vacation, and recovering from vacation.
So - there will certainly be plenty of new listings to consider this summer, but the timing of when those listings come on the market may very well seem irregular and random.
If you haven't developed patience thus far as a buyer through a tumultuous and competitive spring market, the ebb and flow of new listings this summer should help you get to a zen-like level of patience. ;-)