As you can see, number of homes on the market is quite low, as is typical for this time of year.  You can also see that buyers are buying: last year at this time there were roughly 50% more homes on the market, yet buyers purchased fewer- this shows that the buyer demand is high.  Current active listings are either poorly presented and over-priced, or they are selling quickly.

What does this mean?  If you are thinking of selling, this is a very good time.  If you are buying, you need to be ready to compete with other buyers.  Prospective sellers: make the property shine, and price realistically.  Buyers: Get pre-approved by your lender before looking seriously.

I can create this type of graph, or research other data, for your area or zip code- just let me know what you would like to see!