Why Buyers are Frustrated with the Market

 
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Hearing buyers frustrated with the market? Here’s why!

Connecticut is struggling to keep up with buyer demand. Inventory is at lowest levels since 2005 and on track to stay that way. Months of inventory gives us insight into if we are in a “buyers” or “sellers” market. As we’ve mentioned 

The holidays, uncertainty of the election, and new year have all held buyers back from listing their properties, however we expect a strong influx of new inventory coming onto the market in the next couple of weeks rolling into the spring market.

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All the delays and what they mean!

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Status of the Median Sales Price