The actives listings were down again this month but only by 2% from January. Solds were up by 7% and non-distressed listings were up by 14%. We’re still seeing a good number of REO’s and Short Sales on the market but the number is slowly going down each month as a percentage of the market: December was at 17%, January was 15%, and February was 14%. Perhaps by summer we will see the number of distressed properties down to a manageable level again. The low inventory we have is causing prices to rise because of competition. If you’re thinking of selling, or buying, now is a good time to do so!
If you’re thinking of selling or buying, we’re here to help! Contact an experienced Dickson agent today or visit us online at DicksonRealty.com.
Average Price per Square Foot Report
