Heading into 2018 we are seeing a very low amount of inventory. This is a complete seller's market at this time. Multiple offers are coming in on nearly every new property that hits RMLS. There is fast and furious competition between buyers. I expect this to be the status quo for this year and many sellers are taking advantage of the highest prices we've seen in over a decade!

Here are the thirteen sales for January. There were four closed cabin sales (one is missing from the list as the agent has not placed the sold data in RMLS). Two Government Camp condos closed. One sold at Collins Lake and the other at the Grand Lodges. 

Area rentals are super tight and many ski families are purchasing their properties for use during the winter ski season. Many buyers are purchasing land to build since inventory is so low and the average sales price for homes has reached $351,000 for the past month.