The real estate market

Sitting back looking at the past 6 months of sales data has me thinking where is the market going to go? Single family homes in Taunton have had a great trend in the past 6 months from the data listed below.
• Single Family Listings: 297
• Avg. Liv.Area SqFt: 1,669.52
• Avg. List$: $292,406
• Avg. DOM (Days On Market): 39.88
• Avg. DTO (Days To Offer): 25.51
• Avg. Sale$: $291,594
Great news for sellers with low days on market and selling listed homes within $1,000 of list price. I know it is becoming more difficult for buyers to find the best home with declining inventory and average home prices rising. All I can say for buyers is to be patient, inventory will rise eventually and prices will have to cap as well. The fall market becomes difficult for a lot of reasons. Sellers with children going back to school, holidays with family and colder weather giving people less of an interest in moving. On the upside it can be great for buyers who are flexible and willing to look straight through the fall and winter. I have worked with many buyers who have scored great deals in the fall and winter market. Competition was low and sellers were willing to negotiate because they had an ulterior reason for selling. I think from here we can expect another strong market going forward with interest rates still low and plenty of people interested in buying and selling real estate. I would just hope people remain patient on whatever side of the fence they may fall, you will find the home of your dreams and your home will sell just stay educated and aware of the market around you.