What's My Spencer Hall Home Worth? Market Report for June 2014
- Properties currently active on the market: 2
- Single-family properties closed June: 2
- Average sales price: $398,000
- Average list price: $399,450
- Sales price to list price ratio: 99.6%
- Average days on the market: 53
- Sales currently pending: 0
- Spencer Hall absorption rate: 1 month 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).
Spencer Hall is currently in an extreme sellers' market. The sales price to list price ratio is excellent and the average days on the market is low, making it an ideal time to sell your Spencer Hall home. Both the active listings are already under contract; leaving zero months of inventory. One of the homes that sold in June was the same exact model as the photo pictured above. I sold that house last year, April 2013, for $365,000. It was above market value at the time. That same model sold in June for $411,000, a 12.6% jump in price. WOW!
Does that make you curious what your Spencer Hall home is worth? Just click the photo below to be taken to our instant home valuation tool. No more inputting an address and waiting to hear back from an agent. Get your report in seconds right before your eyes.
While the housing market is good right now, buyers have become more particular than ever. You want to make sure your home gets the marketing coverage it needs to get it in front of as many buyers as possible. That goes way beyond just syndicating your listing to the national websites.
With 92% of buyers beginning their home search on-line, the internet has become the first showing. Your home must have professional photography so buyers see all the architectural details of your home.
You also need an agent who is using the latest technology to market your home. TW Realty Group is using social media and blogging to help sellers get their homes the optimal coverage they need. Additionally, we use single-property websites to make it even easier for buyers to find your home. Click the link to see an example of a Spencer Hall home that had this type of coverage.
When you are ready to sell your Spencer Hall home, contact Tammie White at (615) 495-0752 today.