08/21/2026
The winds are changing and this house is a great example. I got my license to sell real estate in 2015. Prices were climbing. By 2019, many areas saw home values that had doubled in a decade. By 2023 people had already been saying the bubble is going to pop for years.
There was no pop, and my opinion says there won't be one. BUT, we are finally settling out to a more reasonable market where things are little more fair for both sides. Prices are not declining, but they are keeping steady with inflation. Thank goodness!
This house made a good example because it is an absolute gem of a home, very well cared for, updated, cul-de-sac, on the golf course, open floor plan... and still took 131 days on the market to find the right buyer. My average days on the market over the past 12 years is 15 days, so this was definitely an outlier. But, it's not an outlier for this current market.
Though I'm sure my seller would have preferred a quicker sale, this change of winds is welcome for our buyers that appreciate having days to think over making an offer rather than being pressured to make a decision hours after the home comes on the market.
Can't wait to see what 2027 has to bring. People will always be buying and selling. People have babies, get married, get divorced, become empty nesters, change jobs, have health changes and a million other things that can influence one's living situation. People will always need to move, so I know there will always be homes out there for sale. For now, I am grateful for a bit more of a balanced market.
