Georgetown: Week of June 28, 2015

The market in Georgetown has slowed dramatically over the last couple of weeks. Whereas the beginning of June saw new houses on the market every day and multiple offers on the houses priced properly, the lull of the early summer seems to have taken over. In the past week, just 2 new homes reached the market, 6 went under agreement, while 3 closed. With that sort of activity, the already constrained inventory certainly won’t last long.

Changes to the Market
New: 2
Under Agreement: 6
Sold: 2
Total on Market: 23
Total Under Agreement: 24

Whenever I’m out and viewing properties, I’m hearing from other agents that they have buyers that want to buy in Georgetown, but no homes to sell them. If you’re thinking about buying, now is a great time as you won’t have much competition. If you’re thinking about it, give me a call today!