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Strong Seller's Market Predicted for 2024

Leading economists and industry experts anticipate a continuation of these market conditions:

  • Persistent demand
  • Record low inventory of homes for sale
  • Escalating home prices
  • An accelerated pace of sales 

Economists and industry experts predict another strong year for residential real estate – especially in resort markets like Cape Cod, the South Shore and the South Coast.

Given the market’s momentum, one factor that can potentially slow it down is inventory. With buyer demand as high as it has ever been, inventory has continued to shrink and most towns enter 2024 with inventory at an all-time low. This is a trend that certainly bears watching, but the good news is that reports show a strong pool of sellers readying to put their homes on the market in order to take advantage of the significant equity that they have built up in their properties.

Currently, our 450+ agents are working with qualified buyers actively searching for homes just like yours. If you're considering selling your home and would like a complimentary home valuation, please use our home valuation form or contact your favorite Kinlin Grover Compass agent.