Data doesn’t lie. As a realtor I am asked on a daily basis, “How is the market doing?” Well, at my disposal is a service that organizes all sales (land, condo & residential) into a very clear and easy to ready diagram. Below you will find the most recent data for the 96740 market.
For the most recent month (Sept ’19), you will find a couple very interesting things:
- Inventory is down 5% from from August
- Inventory is down 24.6% from September 2018
- Sold is up 20% from 2018
- Pending sales are up almost 100% from 2018
So to answer the question, “How is the market doing?” Great. Inventory levels are very low, but sales are still up. This is a GREAT time to list your home. With less competition in the market place, your property will stand out. Low Supply, High Demand = Sell your house fast and more than you may think.
If you are interested what your home may be worth, reach out: John@BigIslandTeam or 808.557.8477.