Academy District 20 Real Estate Supply vs. Demand
I have been tracking stats for the real estate market since I started in the business in 2006. In 2010 I started tracking the stats for my neighborhood school district, Academy School District 20. I decided that it would be helpful to show what the market has done over the last 9 1/2 years in Academy District 20.
Looking back I suspect I started tracking the numbers because business was a bit scarce in 2010 with the market crash. Now things are hopping with low inventory and high demand which results in a Seller’s Market. Today, we have an extreme Seller’s Market for homes under $400,000 in District 20 due to record low inventory and more buyers than the market can handle. This results in competing offers and climbing prices.
If you are considering selling your home, now is the time. Find out what your home is worth by requesting a pricing analysis based on recent comparable solds.