05/05/2026
📊MARKET ANALYSIS📈April 2025
The spring market is in full swing and at its peak for the year. At this point in the year, the number of buyers peaks, meaning now is the best time of the year for sellers to sell and now is the most competitive time of the year for buyers to buy. The number o sellers entering the market and listing their homes for sale has steadily been increasing since mid-February. The market is still in a shortage, aka a seller's market, so buyers need to be competitive and willing to act quickly. However, market times are still not as drastic as they were post covid in 2021 - sellers still need to be priced appropriately, as overpriced homes do sit on the market. Interestingly enough, the number of homes being bought and sold remains fairly consistently down compared to last year. Perhaps people are hesitant to enter the real estate market given the current geopolitical climate and local economic outlook.
