Market Update August 2024

Market Update August 2024

I have been saying that this summer is going to tell the tale of market conditions. The market has shifted, and it happened relatively quickly. Summer is the season for new listings, and boy did we get new listings! As of July we had 731, a number that we haven’t seen...
Market Update: July 2024

Market Update: July 2024

Last month I promised a full market report, and here it is. Overall spoiler is that buyer activity is slower and inventory is increasing. Buyers have more choices than ever before. Sellers need to be competitive to be the next property to sell. Sales Last month in...
Market Update: April 2024

Market Update: April 2024

We are preparing for the summer selling season at The Amy Nakos Group. We are looking to add approximately 10-15 listings in May and June. If other brokerages are also preparing to release new listings, we could see some great new inventory hitting the market soon. ...
April Market Update

April Market Update

Same old story here. Pricing is really holding steady. Average sales price (trailing 12 months) is up slightly in March from $1.291m in February to $1.309 in March. March only had 84 sold residential listings​​​​​​​, down from 95 in February. This is a little...
February 2024 Market Update

February 2024 Market Update

I am still surprised at the resiliency of the pricing in our market. Resort markets like ours are holding strong because of the desirability of the location and amenities, which keep demand very high. With high demand, the competition keeps the pricing competitive,...