The Enterprise asked real estate brokers Diane Dennis with Coldwell Banker Clack & Dennis Real Estate, T.J. Simon with Wolff & Simon Real Estate and Jack Brann with Affinity Real Estate if they have seen anything unusual in the local housing market.
“Yes, we are seeing high demand,” said Dennis. “Inventory is moving very quickly. Many of the homes end up with multiple offers.”
Simon said this reflects a lack of available inventory – that is, houses for sale. At this time last year, he said, “we were at about a 4.2-month supply. This year, right now … we’re at a one-month supply.”
“That’s lower than the national average, which is already at a historic low,” he added.