March 2020 Market Snapshot ๐Ÿ“Š

Here is your monthly Market Snapshot.

No big major changes, yet... Stay with me, things might get interesting. These stats are comparing March 2019 to March 2020. For the next few months I will compare month over month so we can have a better look at what is happening currently. 

๐Ÿ‘†Total number of homes sold February 2020 vs. March 2020 Up 3%
๐Ÿ‘‡Average days on market February 2020 vs. March 2020 Down -8%
๐Ÿ‘†Average sales price February 2020 vs. March 2020 Up 22%
๐Ÿ‘‡Total number of homes for sale February 2020 vs. March 2020 Down 26%

Sarah, what does this mean? March was still pretty consistent with previous years. More homes sold in March 2020 than in March 2019 and February 2020. Homes sold fast in March 2020 than the 2 compared months. Sales price continued to raise while the total number for homes for sale dipped. 

Things might seem shaky and new at this moment but in these ever changing times it's important to stay positive and hold onto your goals. If your plan was to buy or sell a home in 2020, let's talk. 719-201-8352

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