Will there be a point when the unsolds start affecting the buyer enthusiasm? Will the unsolds impact the ability of the hot new listings to fetch top dollar? Or will all listings be affected, like in the photo above?

NSDCC Active Listings

Buyers are finding it easier to forget all about the unsolds, and they won’t be coming back to lowball them later….at least not until the end of the year.

Will sellers lower their price? Today, sellers are thinking, “Hey, it’s only March, it will get better, later!”

At this rate, the percentage of stale listings will be into the 80s by the end of the month.

Everyone is waiting for “the market to pick up”, but it might be a long wait – longer than usual, and it might not happen at all.

Go all in – try to sell in the first two weeks when urgency is there!

Which sellers might have more luck getting lucky later?

• Newer one-story homes
• One-story homes
• Newer homes

If you have an older 1970s or 1980s two-story tract house to sell, then your chances of selling are lower, and you might have to ‘give it away’ – unless you go heavy on the recent improvements!