“Sellers take note! Open houses are swamped and buyers are making cash offers with no home inspection, yet they’re still competing in multiple offer situations,” reports Linda O’Koniewski, CEO of RE/MAX Leading Edge. “There simply has never been a better time to sell but there are plenty of mistakes to be made without an agent who knows how to leverage this market.”
The latest 12 months sales of single-family homes in the RE/MAX Leading Edge service area increased +.9% year-over-year. Inventory remains down -25.4%. The number of days on market is also down -20% while median sale prices remain up +8.9% at $588,000.