Snapshot of Verrado Market – March 13th 2012 – 47 homes listed for sale. Down from 56 on February 16th. Of those listings there are 2 distressed properties, 21 traditional resale homes and 24 new builds. Of the 24 new builds 14 are not even started yet. Subtract these 14 and only 33 actual homes remain on the market today. That is down from 41 on February 16th. There are 27 Pending sales as of today. If this continues, we could be down to a handful of resale listings and builder specs soon. Many of the builders are taking note as most have taken price increases this month. If inventory stays low expect more of the same. If you would like to know what your home is worth on the current market contact me at email@example.com and I will be happy to put together a competitive market analysis for you. Now could be a good time to sell.
Verrado Real Estate Market – Snapshot