The chart below displays a five year snapshot of the Harbor Country real estate market ending January 1, 2014. The first thing that should stand out is the trend towards less inventory due to increasing demand. In many ways, these numbers are deceiving because they include many old listings that are located in less than desirable locations or are otherwise overpriced. While 2013 was a great year for me personally in terms of sales volume, it would have been dramatically better if the selection of property could keep up with demand.
What cannot be denied is that the inventory of listings continues to shrink, and as I've been harping on for a few years now, the inventory of desirable listings, especially those priced in between 300,000 and 1,000,000 is at historic lows.
You can download the entire five page Harbor Country Market Report (pdf) to see all the stats for the past five years.
If you have been considering selling your Harbor Country home, please call me for a frank discussion about it's market value. You might be surprised. If you are interested in buying, you might need to be patient to find the right property, but you also need to be in a position to act immediately when you find it.
The most effective way to be notified about new listings and price reductions of property matching your criteria is to send me an email with your criteria: location, price range, etc... I will setup a special listing alert to automatically notify you, in real time, when matching property is listed for sale or is reduced in price. You will know before many real estate agents!
Send your email to me at paul@lakerealtors.com and include your telephone number, with best time to call, if you would like to discuss your specific needs.
Paul Zubrys, Broker
Harbor Country Real Estate since 1987
269-783-5253 | paul@lakerealtors.com