Yesterday, the number of single family homes listed for sale in the Sullivan MLS hit 1,000. Of course, that's an arbitrary threshold to note. But over the winter, the inventory has been very tight, particularly for houses with second home appeal in moderate price ranges. So the recharge that's been picking up over the past month is very welcome.
I chat here with other agents all the time. Some of the listing agents I work with regularly say they've been inundated with new listing requests, and have a back log. Over the last 30 days, there have been 173 new single family home listings input into the Sullivan MLS. Of course, some of these are houses that relists coming back to market after being pulled for the winter. But a lot of them are new, and quite a few are really appealing.
Quite of the new listings seem to be pretty well priced, too. A factor tempering pie-in-the-sky price expectations may be the busy-ness of the higher profile listing agents. If a seller has an unrealistic price expectation, they may just decline to list the property.
Hopefuly the listing surge will continue into the summer, so there will be a nice selection of huoses to show prospective buyers over a range of styles, prices and settings, because I think we're going to have a very active summer season on the buyer side.