Real Estate Market Report • Fall 2015
Thursday, October 15th, 2015
Fall is typically a time of year when real estate activity slows a bit. The summer selling season is winding down, most folks with school aged kids worked hard to complete their move during the summer so the sales volume slows once September rolls around. So when our team began to see signs of a cooling market this fall, it was tough to know whether it was the time of year, or an indication that market conditions are changing. Showing activity on listings slowed, price drops became more common and we noticed some listings that we expected to sell in a matter days sit on the market for a few weeks or in some cases months. Is this just a fall flop or has our market peaked? Let’s check the numbers to find out.