We Will Likely See Fewer New Listings Over The Next Few Months

It's getting to be that time of year... we're into November now with Thanksgiving just a few weeks away. 

Our market, like many markets, sees fewer homes coming on the market between about November 15 and January 1.  Home sellers typically don't want to put their homes on the market over the holidays... and home buyers often don't want to move over the holidays.

So...

SELLERS - If you are selling your home over the next few months... you might see less buyer interest... but those buyers are likely to have fewer houses from which to choose.

BUYERS - If you hope to buy a house over the next few months... you will likely see fewer options of new listings hitting the market... but if there is one of interest, you will likely have less competition from other buyers.

We don't see a complete drop off in new listings or in home sales in November, December, January and February... but they are typically the four slowest months of the year in our local real estate market.