Clarksburg MD | Buyer’s Market Helps Premium Home Sales Soar

Clarksburg MD Local Market Tidbits:

What can you say about our local Real Estate Market for this year? 

I like to analyze it with a depth study and perspective to bring you the facts and insights that should matter to you.

If you are a buyer, you should proceed with caution in choosing existing homes vs new construction.

If you are a seller, you have major competition with new construction in the area and it is very important that your marketing should primarily highlight the benefits from your home's perspective.

Today I want to talk to you about Buyer’s Market Helps Premium Home Sales Soar

We previously reported how a shortage of inventory in the starter and trade-up home markets is driving prices up and causing bidding wars, creating a true seller’s market. At the same time, in the premium home market, an over-abundance of inventory has started to see prices come down and put buyers in the driver’s seat, creating the beginning of a buyer’s market.

Last week, the National Association of Realtors released their Existing Home Sales Report which shed some additional light on the impact of inventory levels on sales in each price range.

The chart below shows the year-over-year difference in sales at each price range.

READ MORE: http://www.reallynicehomes.com/blog/clarksburg-md-buyers-market-helps-premium-home-sales-soar/


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