If April showers really do bring May flowers, Charles Town, Shepherdstown, and Harpers Ferry are going to look like the flower growing fields of Holland! We've received approximately two inches of rain in the last two days, though we need the moisture so badly, we aren't complaining.
In the spirit of "when it rains, it pours", The Kable Team congratulates Anne Strider for closing over one million dollars of residential real estate sales last week. Serious inquiries are definitely up and our anecdotal evidence is backed up by the most recently available statistics for Jefferson County. When comparing March 2008 to March 2007, we see that the total sold volume is up 0.85%, the average days on the market is down 6.77%, and the number of properties going under contract during the month was up 5.56%. Most surprising to all of us, the average sold price increased 5.77%.
The experts say we won't know the real estate market has hit bottom until it's on the rebound. Could this be the beginning of that rebound? One batch of statistics do not a trend make, but the numbers are encouraging enough to get our attention. Buyers are being counseled not to sit on the sidelines so long that they miss the many wonderful home purchase opportunities that are still out there. When the time feels right for you to pursue the purchase of your new home, let us know. The Kable Team is standing by to assist you. Call us at the number below or visit us at www.kableteam.com. Until then, enjoy spring to the fullest!