Market Pulse

Why are There So Many Home Buyers?

By Beiler-Campbell Realtors & Appraisers on September 06,2020

True story – Beiler-Campbell Realtors listed a home in the mid $300K’s in the Avon Grove School District for sale. Pictures were taken, rooms were measured, and the listing went on the market on a Friday. After multiple showings and offers, the home was under contract within 24 hours of listing, at above asking price. Weary home buyers see this scenario repeated every week. It’s not your imagination that there are less homes on the market for sale. There are close to 20%* less homes for sale in our region today than 6 years ago. Combine that with an increased number of buyers and it creates a fast-paced market. So, why are there so many buyers in the real estate market right now?

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