Is now the time to list your home?
Let's take a look at the September 2018 Monthly stats from the Southern Arizona Multiple listing service.
Below are some points regarding residential sales:
- Total Sales Volume has dropped by close to 18% from August.
- Average Sales Price has dropped just over 4% as well. Those that have received offers and gone under contract have decreased by 13.23% in that same time frame.
- Total units of sales (both buying and selling) have decreased 4.7% from a year ago same time but median sales price is up just about 1.5%.
- Total units of sales (both buying and selling) have decreased 4.7% from a year ago same time but median sales price is up just about 1.5%.
- These decreased numbers can be attributed to the fact that overall listings are down over 10.5% from August 2017. Less inventory means less can sell or get offers.
- Time it takes to sell your home - still averaging 38 days for two months now.
Is now a good time to list your home? Will the holidays affect your saleability?
Let's meet and discuss what's right for YOUR timetable.
Cara Mancuso, Associate Broker with Long Realty
520-909-2988 cara.longrealty.com
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