T
his market is moving at lightning speed, with nearly 50% of homes going pending within the first week of listing. In Jackson County, residential inventory has increased by 22.2%, and Ashland by 17.1% compared to last year, giving buyers more choices. However, sales of existing homes are up 7.7%, and the average days on market is just 23 days.

    While inventory is rising, demand remains strong, especially for homes that meet specific criteria. In recent transactions, I've seen multiple offers on nearly every home, making it essential for both buyers and sellers to be prepared and strategic. For sellers, this means considering more than just the highest price; terms, contingencies, and financing options can make one offer more attractive than another.

    For buyers, being ready to compete is crucial. This involves having pre-approval in hand, knowing your numbers, and being prepared to move quickly when the right home appears. It's also essential to stay calm and work with a real estate broker who can help you create a strong offer that meets your needs without stretching beyond your comfort zone.

    Ultimately, success in this market comes down to clarity, strategy, and trusting the process. With the right mindset and team behind you, you can thrive in this competitive season. Whether buying or selling, remember that the right home is out there; with patience and a clear plan, you'll find it.