March 2019 Market Update
March is an exciting time as we officially bid goodbye to winter and hello to spring! It’s a month filled with St. Patrick’s shenanigans, March Madness and getting back outside. Let’s peek in at what was going on this year in the March Market compared to 2018.
WHAT’S HAPPENING NOW:
“No surprise here that inventory shortage remains to be the key point of discussion for buyers and sellers, as it has been the past two years. We are observing the pace of inventory... read more
February 2019 Market Update
As we finally break free from winter’s grasp, let’s take a look at the state of the market for February.
The market tends to slow down in the winter months due to holidays and inclement weather; once the weather starts warming up in mid to late March, we tend to see higher levels of activity. This year we were treated to a few days beyond the historical average with one day reaching 67 degrees in mid-February.
Much like the weather the market saw above average numbers... read more
Another year has come and gone - can you believe it? Before we dive into the 2019 market, let's take a look back at the final month of 2018 and recap what happened this past year.
FROM THE VERY START"After a very strong 2017, 2018 proved to be different from the beginning," stated Jamie Mancuso, CEO of Coldwell Banker Hearthside. "With adverse weather conditions, and even with the Philadelphia Eagles winning the Super Bowl, the 2018 real estate market was off to a late start." In 2018, low inventory... read more
It’s already time again to take a look at the monthly real estate market update! The market is beginning to slow down for the anticipated holiday season, but November did have some important highlights.
Did you miss our October Market Update? Don’t worry - catch up here.
Before taking a deeper look, it’s important to note that we are now looking at the median for numbers pulled this month instead of the average as done in months prior. The difference is quite simple. The median, according to Z... read more
After a very strong 2017 market, 2018 has proven to be a challenge for the real estate industry. October’s market was haunted (no pun intended) by low inventory just as we’ve seen in previous months. Keep rejoicing Sellers! The market continues to sway in your favor with higher demand. But is this trend slowing down? Will Buyers be able to take back the reins? Let’s look further into October’s market stats.
Did you miss our September Market Update? Click here to catch up!
Homes For Sale
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