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The Market Today in Idaho Falls
MP4•Episode home
Manage episode 151123814 series 1016957
Content provided by Shawn Anderson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Shawn Anderson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
A balanced market normally has about six months worth of inventory available. Theoretically, it’d take six months to sell all the homes on the MLS. Currently, we have around 2.6 to 3.5 months of supply. Additionally, it takes around 72 to 76 days on average to sell in our market.
We also like to figure out the likelihood of homes selling. I do this by going back ninety days and analyzing homes that have sold since being listed.
This data just scratches the surface. I expect the market to be on fire this year. I anticipate the likelihood for sellers to increase. However, it can’t be done without more inventory. That’s why now is an opportune time to list! If you’re looking to either buy or sell around the Idaho Falls area, I’d be happy to help. Reach out by phone or email!
22 episodes
MP4•Episode home
Manage episode 151123814 series 1016957
Content provided by Shawn Anderson. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Shawn Anderson or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
A balanced market normally has about six months worth of inventory available. Theoretically, it’d take six months to sell all the homes on the MLS. Currently, we have around 2.6 to 3.5 months of supply. Additionally, it takes around 72 to 76 days on average to sell in our market.
We also like to figure out the likelihood of homes selling. I do this by going back ninety days and analyzing homes that have sold since being listed.
This data just scratches the surface. I expect the market to be on fire this year. I anticipate the likelihood for sellers to increase. However, it can’t be done without more inventory. That’s why now is an opportune time to list! If you’re looking to either buy or sell around the Idaho Falls area, I’d be happy to help. Reach out by phone or email!
22 episodes
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