Spring has sprung, the grass has ris, and here's how the state of the market is:
Total # of Listings (Month) 615 (Up 54% from 2007)
Total # of Listings (YTD) 2089 (Up 40% from 2007)
Total # of Expired Listings (Month) 106 (Up 203% from 2007)
Total # Expired Listings (YTD) 373 (Up 213% from 2007)
Total # of Sales (Month) 276 (Down 14% from 2007)
Total # Sales (YTD) 881 (Down 18% from 2007)
So what can we interpret from these stats as a REALTOR® or a home seller? Well, it appears that there are both more listings for buyers to choose from and also less buyers looking at this time, so if you are selling a home, you have your work cut out for you!
As a seller what are some things you can do to make your home stand out from the other 568 homes for sale in the City of Lethbridge at this time?
1. Set a selling price that is realistic and will make your home's perceived value appear the highest to buyers.
2. Make your home sparkle. Clean, de-clutter and stage your home to give it that extra edge against the competition.
3. Choose a qualified REALTOR to represent you. They will have the knowledge to help you set the right price, the expertise to market your home to it's full potential with the help of the MLS® and the knowledge to guide you through the steps to selling your home from start to finish.
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