Local Market Update
The real estate market continues to show resilience and strength with this week's market update being a testament to this.
In spite of 22 more houses being listed for sale compared to the previous week, 33 more buyers have made accepted offers. This resulted in a net reduction in the number of available listings without offers.
There's still competition for available properties. However, the increase in listings offers more options to
choose from, which is always a welcome development when buying. The surge in accepted offers also shows that the market is still active, healthy, and vibrant, despite the impact of external factors on the real estate industry.
Sellers can also breathe a sigh of relief as the increase in listings didn't result in an increase in the number of available listings without offers. Instead, they have fewer properties on the market, increasing their
chances of getting more offers and achieving their desired sale price. This is a positive outlook for sellers
and a testament to the robustness of the real estate market.
Overall, this week's market update is a positive development for the industry, showing signs of market
growth and encouraging opportunities for both buyers and sellers. To fully understand the local market trends and how they may affect your individual situation, contact Greg Busha at (920) 841-3791 or
greg@bushateam.com, or your Busha Team Agent.