If only I had a crystal ball! What I can do, though, is look at trends and make some educated guesses.
Past buying trends can help us predict future buying trends, and looking at the average days on market (DOM) is one good indicator.
During the “slow” part of last year, the average DOM in the U.S. was 49 days. During a normal year, the DOM average is around 85-100 days. And I think that tells you a lot about what the market will look like next year.
Homes are still selling quickly, and it’s still a sellers market. That means you’re still poised to sell high.
Are you planning to sell this year? Let’s talk about how I can help you have the best possible experience! I’m here to assist you in navigating today’s real estate market.