Signs of Spring in Columbia, Missouri Real Estate Market

I went on a listing interview yesterday. Like always, there was a lot of research that went into pricing and sales data before I went. Once I had prepared, I was really happy with what I found. This particular home was in the $130,00-140,000 price range. For the previous month, only 5 homes in this price range sold and closed. The good news is 15 homes in this price range are under contract and getting ready to close. This means the days on the market is reducing from a 10 month supply of homes to a 3 month supply of homes. Even though it's only February, if you're thinking of selling a home in the $130,000s price range, now is the time to act.

Showing activity is way up too. We have had days of 60 showings just like the summer. The loan programs and rates are attracting buyers. It's a great time to act.