Buyers Buying Faster This May Than Last
Scott P. Rogers
In the past 12 months there have been 1274 home sales -- compared to 1324 in the 12 months prior -- so, technically, the pace of home sales in our market has slowed by 4% over the past year.
But -- home sales are POPPING so far this year...
Closed sales last January through April = 332
Closed sales this January through April = 345 (4% increase)
And -- as shown above, we've seen 120 buyers (and sellers, of course) sign contracts in the first 22 days of May -- as compared to only 101 last year.
Hold onto your hat (?) everybody -- this could be a rather active year, yet again, in our local housing market.
