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Summer 2018 Market Update

Real Estate Market Update – Summer 2018

6.28.18 | Posted in: Talk with JudyVideo

 

As we move into a busy summer market, we wanted to share some insight as to what we are seeing in our area with current listings. Homes are moving fast, so as a buyer you will likely have to compete with other offers and as a seller, you want to think about how to price and show your home to get the best offer for your home.

Listing a home under $400,000

Homes listed under $400,000 are selling with multiple offers and some are even selling before they ever hit the market. Agents are spending more time networking these days to find the right buyers and get you the best price for your home. You may be thinking, “Well, if the market is so hot right now, why shouldn’t I just sell it on my own?” and that is a very fair question. When the market is moving fast and there’s low inventory like it is now, it’s even more important to work with a real estate professional. We can help you network your home before it hits the market and negotiate through multiple offers for you so that you get the best price possible for your home.

Listing a home over $500,000

If you’re listing a property over $500,000, a real estate agent can really help you prepare your home so that it shows best within this market. We’re seeing a lot of new construction right now and people will pay 10% more for a home to have everything brand new.

Buying a home over $500,000

If you’re looking to buy a home over $500,000, we have a lot of great options on the market right now! Because we have a nice inventory above this range it’s really important to have a real estate professional to work with so that you know what the current market pricing looks like to get you the best price for your new home.

It’s really a tricky market to navigate right now, so if you’re in the market to sell or buy we would love to help you. You can contact us via Facebook messenger, or by filling out our Buyer Profile or Seller Profile online.