Inventory is down significantly in the Fisher's Landing neighborhood in Vancouver. With 60 homes on the market and an average of 19.1 sales per month over the last year, the current supply would last just over 3 months. New listings have dropped significantly. Not since September have more than 20 new listings come on the market.
While sold prices have trended downward over the last year, the average list price is beginning to move upward. The low inventory should help seller's get offers closer to their list price, so look for average sales price to increase over the spring and summer.
No comments:
Post a Comment