How Does 2020 Stack Up?
The last few months have been, shall we say, unusual.
Let's see how 2020 compares to years past.
Photo by Francesca Tosolini
Why does it seem like the market is so hot? Because it is. The number of new listings is way down. But the number of houses that have gone under contract is way up. Supply and demand!
Side note: Hey Sellers! We have been hired by MANY buyers to help them buy a house. Call us, and we can play matchmaker.
Almost all of that shortage in new listings has taken place in April and May:
And, almost all of the runup in houses getting into contract has taken place May 1-June 15:
You're not going crazy. It's a REALLY tight market right now in Central Vermont. The best thing to do is to get an expert from Green Light Real Estate to help you find, negotiate, and buy in this market. And don't worry, should you get stuck in a multi-bid situation as a result of this hot market, we've got your back.