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Real estate market still strong; prices rising in some areas

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Posted on August 6, 2018 |
By Andy Kirkaldy



realestate6319.jpg
THE TIGHT REAL estate inventory in Addison County is resulting in quicker sales, and rising prices in some areas. Independent photo/Trent Campbell

ADDISON COUNTY — According to data provided by local real estate experts, this summer’s home sales overall in Addison County have remained on par with the solid performance of 2017, while prices have begun to rise and properties are selling faster.

A major factor in the higher prices and quicker sales is tighter supply, experts said: There are fewer homes on the market in 2018 than in 2017, and competition for desirable properties appears to be having an effect.

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