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Housing Market Update – Inventory down from this time last year

REALTOR.com has released September real estate statistics that show a continued strengthening of the national market, with notable inventory reduction and a respectable increase in median sales price since this time last year. These numbers show that overall the market is doing better this year than it was a year before.

You can view the report to see that it has specific statistics for each of 146 U.S. metro areas to get a general idea of our market here in the Santa Fe area. Not all of the regions have shown a substantial change from last year, but on the whole it depicts a positive trend in the national housing market that will soon hopefully be reflected in every neighborhood across the county.

Contact me for more specific information on the state of the Santa Fe real estate. I’ll be happy to perform a market analysis for your home if you are thinking about selling.

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