The higher number of contracts signed in July 2018 than in July 2017 did not correlate to a higher number of sales in August 2018 (compared to August 2017). Click here for las month’s analysis. This could mean that a higher number of contracts were terminated but it could also mean that we had a longer closing time frame and will close next month.
Overall, we are still in a seller’s market. If you are thinking of listing your home, it is still a good time. If you are thinking of buying a house, it’s a good idea to be prepared to move quickly and be competitive if you find a house you like. Click here to read more about preparing yourself for a competitive house.