🍁🏡 𝐂𝐡𝐞𝐬𝐭𝐞𝐫𝐟𝐢𝐞𝐥𝐝 𝐒𝐞𝐩𝐭𝐞𝐦𝐛𝐞𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐞🌟
Fall is here — and so is some exciting news for buyers: 𝐦𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐫𝐚𝐭𝐞𝐬 𝐚𝐫𝐞 𝐚𝐭 𝐭𝐡𝐞 𝐥𝐨𝐰𝐞𝐬𝐭 𝐩𝐨𝐢𝐧𝐭 𝐰𝐞’𝐯𝐞 𝐬𝐞𝐞𝐧 𝐢𝐧 𝟏𝟎 𝐦𝐨𝐧𝐭𝐡𝐬🙌. Lower rates mean more buyer activity, which makes now the perfect time to get your home on the market!
📍 𝟐𝟑𝟖𝟑𝟐: Fewer new listings and fewer homes under contract this past month.
📍 𝟐𝟑𝟏𝟐𝟎: Homes are moving faster — average days on market dropped from 24 to just 14! Plus, 13.6% more homes sold compared to the month before.
📍 𝟐𝟑𝟏𝟏𝟐: We saw fewer listings, fewer homes under contract, and fewer sales (75 vs. 128 last month). But with 𝐥𝐨𝐰 𝐢𝐧𝐯𝐞𝐧𝐭𝐨𝐫𝐲 here, sellers still have an advantage!
✅ The good news across all 3 zip codes? Sellers are still getting 💯% of list price.
✨ With better rates pulling in more buyers and inventory still tight, this fall could be your sweet spot to sell. Let’s make sure your home shines and captures the attention it deserves!
📞 Anita L Williamson, Associate Broker
James River Realty Group, LLC
📱 804.305.2756
📧 anita@anitaLwilliamson.com
🌐 Central Virginia Real Estate
