Numbers don’t lie. The data for September 2009 shows that the inventory of homes on the market in Stillwater has increased for the 3rd month in a row. The number of homes sold continues to decline as well as the median and average sales price. In fact, the couple of numbers that have increased this month are ones you don’t want to see – number of new listings and average days on the market.

This data comes directly from the RMLS (regional multiple listing service) and is considered reliable but not guaranteed. If you’re looking for a guarantee then you should look elsewhere.

Our advice to buyers – HURRY (maybe). The deadline for the 1st time homebuyer tax credit is rapidly approaching, but there is talk about it being extended. If you plan on buying a short sale or foreclosure and receiving the tax credit, it’s probably not going to happen as of right now.

Sellers – the same as usual. Price your home at or slightly below market value and it should sell quickly.