The market seems to be shifting towards the Seller's favor at this time. Interest rates are expected to rise by the end of the year and there is a decrease in short sales and foreclosures. I can inform you that we have less inventory; 90 this March vs. 104 last March 2013 for the city of Stillwater. The average sales price is $239,560 year to date vs. $228,496 same time last year; which is a 4.8% increase. The days a listing stays on the market is shorter this year; 140 vs. last year's 154.
Please connect with me if you would like me to provide more detailed information depending on your real estate needs. Thank you for your questions Dan.
Elisa Eesley. Good Work. Good Cause.