Today I thought I would share with you some exciting recent real estate market stats for Cedar City and Enoch.
The above graph shows that we are seeing some exceptional pending sales activity across most of the market.
You'll notice how the red pending line roughly matches most of the contours of the blue current active listings line.
This again reinforces how quickly homes are selling and these statistics do not take into account the important fact that we are now heading into the traditionally busiest sales months of the year.
It therefore seems reasonable to expect demand to chase supply even more closely as spring makes way for summer.
It should also not be forgotten that mortgage rates have been falling and are currently near the lowest levels this year. This can only add to the already vibrant buyer sentiment the above graph amply demonstrates.
So if you're considering listing your home soon, here are yet more great incentives to do so.
Feel free to contact us today to discuss how to best capitalize on this fantastic opportunity.
