Thursday, December 31, 2015
Buyers continue to compete for homes in Los Gatos!!!
Inventory is down 25% from the same time period as last year. With the Holidays here the seasonal slowdown in activity is likely to be in effect until the beginning of January, says our San Jose Main office manager. However there are many sellers who have signed listing agreements and are waiting for the first or second week of January to come on the market. He expects to see an increase in inventory in January but with the many buyers in the market the increase in inventory could result in an equal amount of increased sales and therefore inventory levels will remain low. As expected the local Willow Glen Market is in full holiday mode, according to our local manager. Listing inventory continues to decrease with the high 20’s for active listings. Sales activity has come to a crawl. This trend will probably continue as we move into the beginning of the New Year. One thing is certain: the market will be hungry for new inventory as we move into 2016. Are you looking to sell? Let me help you get top dollar for one of your biggest investments.
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1 comment:
Nice and impressive details about the places which are most wanted with the buyers. Thanks for the sharing.
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