BUZZY NORTHEN NO. 1 7 Skimmer Lane $4,300,000 R E A L ESTAT E Selling 6 of the top 18 homes in New Hanover County in 2016 NO. 2 NO. 6 1 BankS road $3,537,500 827 S. Lumina avenue $2,712,500 NEW LISTING Beach road north JuSt under $5 miLLion NEW LISTING 503 Beach road north BeSt BuY at FiGure eiGht Let BuzzY and eLLen Show You FiGure eiGht iSLand (910) 520-0990 www.buzzyrealestate.com [email protected] 62 WBM february 2017 inventory is shrinking, too. That is a big reason for the decrease in the days on market and multiple offers, because there’s not as many great properties for buyers to choose from.” “With less inventory overall, paired with more things selling — when there is less to choose from, what comes on the market it is not going to sit as long. When there is less that you are competing with, you’re obviously going to have fewer days on market,” Jessica Edwards says. Not as much inventory also meant fewer foreclosures. Even houses that once would have sat on the market without an offer tended to attract buyers. “The market has really cleaned itself up in that most all of the distressed inventory is a thing of the past,” Vance Young says.
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