Market Report : May 2019

May continued to show similar trends to previous years. ​As in 2018, the median days on the market is in the high 20s. This shows that inventory is very low so houses are going under contract quickly. The number of homes sold in May was strong, with 2017 being the only other year in recent years to have surpassed 2019. Year to date home sales is comparable to previous years showing that the market is not slowing even though the number of homes for sale is lower than any of the previous years at 277. So while there may not be as many houses on the market, homes are still being sold and they are being sold quickly. May was an excellent month for sellers.