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We're often asked whether the current market favors buyers or sellers. Today, we want to give you a brief rundown of the numbers for the Northern Nevada area. Market conditions could vary depending on the area you live.
Currently, inventory is slightly lower and the market is leaning in favor of sellers. This is typical of the winter season, as fewer homeowners are listing their homes at this time. Overall, if we step back and look at what our market has done over the last three years, the market has seen great improvements. Prices have risen substantially to the point we're at right now. They have stabilized and we're now in a fairly balanced market.
For those of you looking for more information about your specific market, let us be your resource. We would love to give you an in-depth market analysis so you can make the right decisions in our marketplace. Don't hesitate to reach out to us at any time -- we would love to hear from you!
Currently, inventory is slightly lower and the market is leaning in favor of sellers. This is typical of the winter season, as fewer homeowners are listing their homes at this time. Overall, if we step back and look at what our market has done over the last three years, the market has seen great improvements. Prices have risen substantially to the point we're at right now. They have stabilized and we're now in a fairly balanced market.
For those of you looking for more information about your specific market, let us be your resource. We would love to give you an in-depth market analysis so you can make the right decisions in our marketplace. Don't hesitate to reach out to us at any time -- we would love to hear from you!