Sales Trending Down in Yarmouth

Sales of Single-Family Homes in December declined in Yarmouth for the 3rd straight month.  More importantly, the number of homes placed under agreement declined to a 12-month low of 16 properties - or just more than 1/2 the number from December of 2012.  This number is especially important because it is a key indicator of future sales, meaning that 2014 is likely to start on a sour note for those looking to sell.

   While inventory declined as well, there is still a 7.3 month supply of available homes, meaning that we are      still in a slight buyer's market.  If you are in the market to buy, now is still a good opportunity.