May was a decent month in the real estate market and some lost ground was made up. The dollar volume was up 2% and the total number of sales was up 7% over May of 2012. The year to date figures are still down, 4% and 6% respectively, but there is some good news there.
The total number of listings taken is up 6% so there is lots of inventory for the buyers to choose from and sellers need to be aware of this fact. Setting the right price is one very critical part of a successful sale. The average sale price is up 3.7% since May 2012 so it's not all bad news for the seller.
If you have any questions, either as a buyer or a seller, I would be happy to help you out - no obligation what so ever. Drop me an email with your question anytime.