More Inventory Hits Yamhill County! Pendings up, Home Sales up - 11 months of inventory! It is a BUYER'S MARKET FOR REAL ESTATE!!
Last week we had 8 new listings and this week we had 45!!
Pendings were up 6 and solds were up
7.
39% of the inventory is vacant up just a bit from last week!
We have 11 months of inventory on the market right now.
That means that if we had no new listings come on the market after today, it would take 11 months to sell what we have listed.
It is definitely a Buyer’s market, we just have to get that through to BUYERS!!!
If interest rates continue to climb, the buyer power will diminish!!
We are getting the word out, but we need your help as well!!
Have a great week!
Kelly