The Jackson County Real Estate Market is quite robust at this time as noted by the number of active listings in the Seymour City marketplace. This affects the number of months of supply
in the market; there are currently 52 pending sales in Jackson County, of which 25 of these homes are located in Seymour. The velocity of our market would increase with more inventory
as there are many buyers seeking home ownership opportunities. The Seymour market is approximately 110 houses short of an in-balance inventory. The combination of low interest rates, local employment levels and lack of new construction has contributed to this situation. The latest posted unemployment rate for Jackson County is 7.2% which is lower than the current
state and national rates.
If you are a seller thinking of moving, now is the best timeframe for you to capitalize on the highest values based upon where our market is in the cycle. This window of opportunity will only be available for a limited time, so take advantage of this moment now. If you are a builder, now is the time to build to create inventory. I welcome the opportunity to help you understand where we are in the market and the opportunity available for this spring.
