Wait! Repeat that, my house could sell for what…?!
The demand for homes is HIGH and there is a very LIMITED supply. Many homes are receiving multiple offers and selling for OVER market value. This could be the time for you to sell and cash out on that equity!
Not a homeowner yet? Be prepared with a pre-approval letter AND your BEST offer right out the gate.
Inventory is at a low everywhere. But I’d like to focus on a few cities from my service area for this financial Friday! So Let’s dive in and see how things have changed over the last 3 years (January 2019 to January 2021) in Huntersville, Denver, and Sherrills Ford.
Huntersville has the biggest decrease in homes for sale out of the three with a 41.1% decrease since this time last year!
All Data from canopy mls . sam © 2021 Showingtime.
If you know anything about supply and demand, you know that prices are driving up because of this. If supply remains low, prices may continue to rise.
Sherrills Ford has seen the highest increase in average sales price out of the three. With a 20.1% increase since January 2020!
This means, even if you did nothing to your home last year, it still may have increased exponentially in value. If you’re curious at all where your home might land in a probable sales price, reach out to me anytime. I’d be glad to provide you with a comparative market analysis and further answer any other questions you may have.
In combination with too many buyers, not enough homes – Houses are under contract within hours of going on the market. Huntersville average days on market has decreased over 40 percent!
Despite the pandemic, homes are selling at fast pace with a plethora of buyers and little homes to choose from. If there was ever a time to sell your home quickly and for top dollar, it’s now. Let’s discuss more about how to prepare to list and market your home to maximize marketability and get top dollar.
Keep an eye out for the next Financial Friday Post! Simply follow my blog or find me on Instagram.
