Is the market finally stabilizing? Is now the right time to buy or sell? Is it still a good time to sell? How will prices develop in the future? Our market report for May 2019 has all the information you need to make a good decision for your investment!
Finally! The market is stabilizing!
The real estate market is finally settling: We see an increased months supply, the increase of homes for sale, and a slowing sales price.
If you want to sell: Make sure you list right now. Keep in mind, that pricing right is still essential!
A settling market and low interest rates are attractive to buyers! We still see escalation offers, but mainly on houses in the 300,000 dollar range.
Great news for buyers!
The real estate market is stabilizing with an increased numbers of houses for sale, an increased supply and a slowing sales price.
With a list price to sales price ratio of 100%, you can see your full price offer on a properly priced home accepted!
Income vs. home price gap
Income vs. home price gap is becoming a major issue: With a median household income of $82,000, most family can afford a $375,000 home in an area with an average home price of $491,000. Luckily, we have some ideas to still bring you into the house of your dreams! Direct message me so we can find the right strategy to get you moving!
Average Sales Price: $491,436
Homes for Sale: +28%
Days on Market: 31
Months Supply: 2
List Price to Sales Price: 100%
When searching for a home it’s important to figure out the right timing! Contact us for a more in-depth consultation!