2019 Home Sales Results Are In For Hillsborough County
2019 Home Sales Results Are In For Hillsborough County and the numbers are good. As we will see below, inventory continues to hold the sales volume in check. Home builders have been busy ramping up and the effect on supply is not fully known.
Closed Sales: The green area above is the range of closed sales over the last 5 years for the month of December. The “needle” indicates sales are way above the average sales for December. December is typically a conservative month for closed sales. This would indicate demand continues to be strong.
Months of Inventory: Inventory continues to be tight and continues to pressure prices in an upward direction. Although December inventory decreased over the 5 year average by only .3 percent, that is fairly significant for December.
2019 Home Sales Results Are In For Hillsborough County give us reason to look for the data results for this upcoming January will give us a strong indication of this years housing economy. While this agent typically advises our sellers to “keep their powder dry” for January, we are in a recommend a “time to sell” position. If inventory continues to dry up and a seller wants to buy/replace, time will be needed to find that home this spring and early summer.
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This post from earlier provides some expert forecasts for 2020:
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