Market Update: Market Conditions and Summer Forecast

Market Conditions & Summer Forecast

This year we saw an early head start on our Spring market in the early days of January. The market continued to stay strong until the weather brought a slow down to the market as indicated by a decrease in February’s market statistics. 

With the return of the warmer weather, as well as return of the area’s snow birds, we saw the family buyer and downsizer collide in the market to create almost a second market resurgence. Buyers are still getting the opportunity to revisit homes a few times over so, sellers must hit the market prepared to be viewed with a more critical eye. 

With values once again increasing in most areas overall we look ahead to the Summer and what it holds in store for our buyers and sellers. All appears to be status quo, with a continued balanced market ahead.