Envisioning Home

Thursday Thought: Right Time

Is now--in the midst of this pandemic--the right time to buy or sell? Typically we have a very robust Spring Market in DC. This year, April sales were down about 17%--we'd predicted 50%. Turn to May, median days on market was 9--yes, just 9 days. And prices are holding steady and in many neighborhoods rising. Why? Inventory is terrible low. We have about a 1.5 months supply of homes.

If you are thinking of selling, don't hesitate to call me.

#ThursdayThoughts #RealEstate #BuyingAHome #SellingAHome

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Coldwell Banker Realty

1617 14th Street NW

Washington, DC 20009

(202) 387-6180

© 2016 by SG LLC. All Rights Reserved.  Images of Sherri courtesy of Cade Martin and CapitolCommunicator.com.

Real estate agents affiliated with Coldwell Banker are independent contractor sales associates and are not employees of the company. Coldwell Banker Residential Brokerage fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Operated by a subsidiary of NRT LLC. Coldwell Banker, the Coldwell Banker logo, Coldwell Banker Previews International and the Previews logo are registered service marks owned by Coldwell Banker Real Estate LLC. Information deemed accurate but not guaranteed. All listing information from MIRS.com.