Sellers, if you're on the fence about selling your home, well this chart should push you in the direction to list your home for sale or not. Based on the chart, there are fewer homes listed on the market for sale this June as compared to June 2007. Yes, the average home for sale in Davie stayed on the market a shorter period of time in June of last year, but if your home is priced correctly and marketed effectively, your home should get sold.
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Davie Florida Luxury Report - June 2008
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2008
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2007
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Active Homes For Sale
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133
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184
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Total Homes Sold
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4
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3
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Average Sold Price
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$ 1,225,000
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$ 1,284,000
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Average Active Price
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$ 1,556,000
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$1,603,000
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Days on Market
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188
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95
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Average Sold Price to List Price %
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83%
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95%
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Months of Inventory (Based on Closes Sales)
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33.3
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30.7
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Median Price
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$ 1,225,000
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$ 1,197,000
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(Information provided by Trendgraphix is deemed reliable but not warranted)
Also, you can see that the Sold Price to List Price ratiofor homes for sale in Davie is lower in 2008 that is because homes are still being priced too high and is often not being appraised at the value they are listed at. It is VERY important to price your home correctly the first time, which will position you advantageously for your home to get sold. Placing your home on the market at a higher price to "test" the market will cost you money in the long run. The time that you are wasting testing the market will only result in prices falling further.
It is important to consult with a real estate professional that can give you practical advice that will help you to sell your home.
If you or anyone you know are interested in selling your home, visit my website to find out how I can help you get your home sold. Or feel free to call me at 954-257-5030.
Buyers, to search active homes for sale in Davie start with the link below.
Davie boundary and Davie public and private schools information.
Other Related Market Reports:
Davie Homes for Sale 1st Quarter 2008 Market Stats ~ Stonebrook Estates Davie Florida Market Report June 2008 ~ Davie Market Report May 2008 ~ Stonebrook Estates Davie Florida Homes For Sale April 2008 ~ Long Lake Ranches Davie Florida Market Report April 2008 ~
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Tiffany L. Young, Realtor®
EWM Realtors
C: 954-257-5030
Email: tiffany@tiffanylyoung.com
Website: www.tiffanylyoung.com
Blog: www.activerain.com/blogs/tlinyoung
Assisting Buyers and Sellers of Luxury Homes for sale and Relocations
Visit my website to find out more information about: South Florida Luxury Real Estate, Davie Homes For Sale, Weston Homes For Sale, Plantation Homes For Sale, Parkland Homes For Sale, Coral Springs Homes For Sale, Equestrian Community Homes For Sale, Waterfront Homes For Sale, Florida Fine Homes, New Homes For Sale, Luxury Homes For Sale, Selling Your Luxury Home, Fort Lauderdale Homes for Sale, Buying or Sell a Home in South Florida, Corporate or Professional Athlete Relocations and Broward County Luxury Homes for sale.
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Helping South Florida Homeowners prevent foreclosure.
Specializing in Short Sales in Broward County.
Assisting Buyers and Sellers of Luxury Homes for sale or rent.
If you or someone you know is facing foreclosure in the South Florida area, call me today to find out how I can help.
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