Jefferson County Housing Update - Resale Only
Over the next two months, home buyers will experience the best selection and availability of homes for sale until March 2024. This is due to the reduced number of homes that come on the market over the winter months.
Today, the Jefferson County market is experiencing very strong Sales Activity Intensity™ throughout all price ranges.
SALES ACTIVITY INTENSITY™ SCALE
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Housing Update - Resale Only
KEY MARKET INDICATORS SEPTEMBER 2023 (AUGUST RECAP)
Source: NWMLS. Data is for Resale only. © 2023 John L. Scott Real Estate
Historically, September 1st is the high point of unsold inventory, defined as homes that have yet to go under contract. Over the fall and winter markets, the unsold inventory typically decreases, reaching a low point on January 1st. Economists forecast that home mortgage interest rates will drop into the 6’s as we head into 2024.
Purchasing in Today’s Market