This is a periodic contribution to the Blog by local realtor Doron Weisbarth
A typical September, in the annual cycle of real estate in our PhinneyWood area, starts slow, while seller, and even more so buyers, are still basking in the last warm days of summer. It usually takes another week or two past Labor Day for buyers and seller to settle back into their routines, and for the market activity to pick up again, into what we consider a normal Fall cycle, which is quite active and productive.
This year, for whatever reason, that summer hiatus extended further into September than normal. The sellers were slow to list their homes, and buyers took a while to wake up from their summer doldrums. So don’t let September’s low average numbers fool you.- we are still very much in a strong seller’s market, with all of that implies. I fully expect the October numbers to show a strong, more normal activity for the Fall season.
As I wrote last month, this time of year, through early-to-mid December, is a great time for both buyers AND for sellers. It will be interesting to see if the extended summer slump pushes the normal Fall active season further into the Holiday season than normal. Time will tell.
Do you need some professional hand-holding to navigate a purchase or sale of a home? Call me for a free, no-obligation consultation. You can reach me directly at 206-779-9808.