House Market Reaches Prime Selling Conditions

If there is anything that experts can agree on, it is this: 2015 as it stands is in optimal conditions for home sellers.

We recently shared a couple of compelling graphs from the KCM blog which provide strong evidence that buyer activity is at an extremely high level - in fact, buyer activity in January 2015 was 3x greater than January 2014, and the trends remain true to date.

Additionally, we can see that existing home sales have outpaced last year every month with the January sales numbers 200,000 homes greater than last January:

House Market Reaches Prime Selling Conditions

Pending home sales too have done munch better in the last 5 months compared to a year earlier, as recently reported by the National Association of Realtors:

House Market Reaches Prime Selling Conditions

It is important to note that the amount of housing inventory coming into the market, compared to last year, is plummeting. This creates an increased buyer demand, and a prime environment for sellers to enter the market:

House Market Reaches Prime Selling Conditions

The bottom line?

If you've been on the fence about whether or not to list your home, know that the market conditions are absolutely ideal for sellers to get active on the market. This means you have an extremely good chance of getting a good price on your home.

Wondering what these statistics mean for your own situation? We'd love to talk with you and answer any questions you may have. Don't hesitate to send us an email or give us a call!

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