As Realtors ® we are often asked is it a sellers’ market or a buyers’ market?

To be able to determine this, we must determine the following:

1. Sales Velocity -How fast are the properties selling in the town?
2. Absorption Rate -How long will it take to see the current inventory?
3. Pending to Listing Ratio -How many of the total available properties are Under Agreement?

Having a Realtor® determine this in the particular town you are...