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What's My Laurelbrooke Home Worth? July 2016
What's My Laurelbrooke Home Worth? July 2016
Properties active on the market: 16 Single-family properties closed in July: 5 Average sales price: $1,531,525 Average list price: $1,546,734 Sales price to list price ratio: 99% Average days on the market: 74 Laurelbrooke absorption rate: 3.2 months of inventory (a normal or steady market would be 5-7 months; anything under 5 months of inventory is considered a seller's market, above 7 months is considered a buyer's market). Laurelbrooke had a good month in July. The average sales price to list price ratio is excellent and the average days on the market are low given the price point. It looks like these sellers did what they had to do to take advantage of our hot seller's market. Sellers must price accordingly from the time their home hits the market or take the risk of not selling at all, especially, given the high inventory for luxury homes.
Wondering what your Laurelbrooke home is worth? Just click the photo below and you will receive your home valuation instantly. No more forms to fill out and then wait for a response. You receive the report in seconds. Keep in mind this valuation does not take into account the unique features and luxury ... more

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