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Home > New Listings Analysis

New Listings Analysis

October 12, 2010 by vleeson Leave a Comment

Sellers:

Statistics for the month of September showed a slight decrease of 139 new listings over the prior month. This means there were 11,116 NEW properties entering the market – they could be traditional sales OR they could be distressed sales. Sellers need to pay attention: a substantial amount of competition still remains on the market – it will potentially show its impact through fewer showings, fewer offers, and more competition for the attention of serious buyers.

Buyers:

This is important news for buyers, as it means there are still more homes entering the market. It is very important that you continue to spend time with and listen to your real estate professional to develop your strategy for succeeding in a market that is constantly changing. Be prepared: as fewer homes enter the market, there will definitely be more competition for the best values.

Click her for Mesa real estate info: Mesa AZ Realty: A Great Investment

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