Winter is coming, where is the real estate market going?
Although summer real estate activity was slower than usual, we are seeing an increase in activity as the ski season approaches. Inventory is increasing and sales are staying steady, albeit there are fewer sales than normal for this time of year. With a steady increase in new listings, we find ourselves moving toward a buyers' market with 5 - 7 months' worth of inventory. As with any change in real estate markets, there is always opportunity. We have seen some price adjustments but on average, prices have remained steady throughout 2022.
So what does this all mean? Read my October Newsletter here to find out.