September 2016 Preston Report11/8/2016
September sales matched September of last year. With over four hundred closings for the month. It still leaves use down 5% for the year or down 174 transactions from last year.
Active listings held steady compared to last month. But pending sales are down from not only last month but from last year. The good news is that even though pending sales were down from last year we had the same number of closings. More deals are making it to the table.
It will be interesting to see how our fourth quarter does this year. We have had years where we were on track the first nine months, and set records and fell apart in the fourth quarter. Of course I do not see a record year coming this year, But hopefully it will be steady like September.