On a monthly basis, during this time of year we see more listings coming on the market than pending sales, and June didn’t disappoint.
Buyers: The increase in the number of new listings, coupled with fewer offers for each individual property, means more choices and little breathing room for the backlog of buyers who have been waiting to buy a home.
Sellers: The sales activity remains at a frenzy level for new listings selling in the first 30 days, although slightly less intense for each property. Sellers need to be market-ready in order to get the best price.
Check out the infographic below for more information!