Still Cool For Now

    It never fails…if we get a stretch of warm weather, the real estate market warms up a notch as well. I know we’ve only really had one day of warmer weather so far, but I’m an optimist, and I am soooo ready for spring to get here! Have you started thinking about the spring real estate market? Before it arrives in full force, let’s take a look at inventory levels in Sterling.  The first chart shows us the number of single family homes that are available on the market right now, across all zip codes in Sterling:

    The second chart, even though it says ‘Condo Inventory’, actually includes townhomes and patio homes as well. While both show an increase in the last couple of months, we are still at low inventory levels when you look back on the last several years. I can promise you, I’ve been out showing homes to buyers, and there is very little to choose from in some price ranges! I’m expecting a seasonal uptick in the number of available homes to start any day now, but I haven’t seen it yet. Maybe the warmer weather the later part of this week will spur it along?

    Here’s a map of available homes on the market right now in Sterling:

    As always, please reach out to me if you have questions about the market or want to chat about your home buying or selling strategy. It’s what I’m here for! 🙂


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    About our blog

    Michael and Heather Elias are full time real estate professionals and licensed REALTORS at Century 21 Redwood Realty. They sincerely hope you enjoy reading this blog, and would love the opportunity to work with you.

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