Wayne County Real Estate Market Update April 2018
Hey! Whats up guys, Brandon here from Legacy group Real Estate team. We have your Wayne County April 2018 real estate market update. Let's jump right in to it. So, as we say this every single time, we do our past couple of years data that way you guys know exactly what's going on and make the best decisions for your family. You got to see the patterns, you have to see the patterns. Days on Market(DOM) : 58 days, 45, 43, a steady decrease in days on market. So think it as average days that the home is on market. So decreasing means either more buyers or less supply, in our case its less supply so less homes in the market. Active Homes in the market, here we go: 5600 down to 3800 from two years ago so way fewer homes than there was just a year ago or two years ago I mean that's almost 2000 homes difference. I mean that is incredible guys, this is why you see buyers struggling so much right now , this is the reason. And there are other reasons , you have to know
