It rarely fails, no matter where we are, if we run into friends one of the first things they always ask us is “How’s the market?” Well we are here to tell you that market is good, and if you are a seller
it is great! If you are thinking 2013 might be the year to sell your home we will tell you NOW
is the time to put your home on the market!
Here are some facts and figures to show you just what is happening in our local market:
New listings on the market for the month of January 2012 vs. 2013 showed a decrease of 2.7%:
January 2012 = 4,353
January 2013 = 4,237
Overall inventory for the entire month of January – 2012 vs. 2013 showed a 32.8% decrease!
January 2012 = 12,745
January 2013 = 8,564
Closed sales for January 2012 vs. January 2013 showed and 18.2% increase:
January 2012 = 1,921
January 2013 = 2,271
Another important factor is how many days were the home homes on the market? That number decreased by 26.7%:
January 2012 = 109
January 2013 = 80
Some information about the sold price of homes indicates that prices increased slightly. The median sales price increased 6.6% and the percent of original list price received increased 2.2%.
One of the stats we considering when expressing how the future looks is to review the number of pending sales, and in January the number of homes in “pending” status was at a 3 year high! 12.2% more than last year!
So, let us say it again – NOW is the time to be “in the real estate market” – we are looking for houses to sell! Contact us
today and we will provide you with a FREE, no obligation market value report – you just may be surprised at what a commodity your home is.
Helping your find your home is our goal,
Getting you through the process is our expertise!