Overall, the market has been extremely strong in the recent years, to a point where seasonal effects have been minimal. Only major forces such as interest rates can shake this Sellers’ market that our Media area continues to experience.
Real Estate Trends
If there is one thing people should know about the real estate market, is that they should know if the market is in a buyer’s, or seller’s market. While the most accurate definition of these markets depends on supply (inventory) and demand (number of active buyers), the industry has agreed that 6 months of inventory is a simple and informative reference point.