The National Association of Realtors’ most recent Existing Home Sales Report revealed that home sales were up rather dramatically over last year in five of the six price ranges they measure. Only those homes priced under $100,000 showed a decline (-6%). Every other category showed a minimum increase of at least 9.7%.
Here is the breakdown:
What does that mean to you if you are selling?
Houses are definitely selling. If your house has been on the market for any length of time and has not yet sold, perhaps it is time to sit with your agent and see if it is priced appropriately to compete in today’s market.
This has been one of the busiest Fall seasons on record, we are still listing homes even now in December and scheduling closings right up through the end of the year. So it is not too late to put your house on the market this year, there is less competition out there, which means you should command a higher price if selling. Give John Hrisco & Associates a call today to get your home on the market.