-We are 11% ahead of last year in homes sold year to date. Awesome news!
-20% of single family homes sold. 80% did not.
-We are only 1% below the 10 year average of number of homes sold for April.
-Great activity below $300,000-right around a balanced market so prices have held well.
-Above $400,000 there is a longer time to sell.
-Realistic price and proper presentation is key to successful sale.
Yes, some houses certainly have sold for less than they have before,
but remember the market is relative.
Sell for less but buy your new home for less too.
The big winners are the people selling below $300,000 and buying up to $400,000+ as they will be
further ahead now that even 2 years ago. Below $300,000 is stable pricing
but higher priced homes have come down in a lot of cases.
One home sold in 2007 for $440,000 and just sold again for $375,000.
This most important thing in our market right now is choosing the right agent to help you sell or buy a home.
I know the market and can advise accordingly.
Is there opportunities in real estate? Absolutely!!
Before you decide to buy or sell a home, contact me for a free, no obligation interview.
There is a difference.
Jeff van de Bennet - Associate Broker
Century 21 Foothills South Real Estate