January sales were down to 143 compared to November – 342 and December – 273 as did the median price from a year high in November at $527K to $495K. Days on the market increased from the November low of 34 to 47 in January.
Auctions are still a popular method of sale with 84% clearance rate for 2016 – great results to the vendors.
Contemplating to capitalise on the strong market? Don’t delay – the market waits for no one!