It was a long year, but we made it through. There were 261 homes settled during 2007 according to our local MLS (ARIS). As you can see the activity was down somewhat over 2006. Hopefully after the election jitters subside, we will see a return to normal levels.
I keep track of what is happening in the Ocean Pines single family home market on a monthly basis. Knowing how many homes coming on the market each month in relation to how many contracts are being written will give us a idea of whether we are in a depreciating or appreciating market. With this information in hand, sellers and buyers can make an informed decision about where prices are headed.
We have been seeing an increase in the number of appointments being made over the past few weeks. Hopefully this will be the jump start we need for a successful spring selling season.
If you are interested in specific local Ocean Pines market information, feel free to give me a call. I will be happy to share this information with you. Contact Sharon Curtiss, Accredited Buyer Representative at 410-726-4260.
Comments(0)