Asking and Sold Prices (last 24 months)
MARKET PRICING DETAILS FOR Single Family Homes FROM May 2010 – Apr 2012
The average asking price in April is close to the same as March, and up 1% over six months ago. Looking back at the last 2 years, the average asking price is up 8% over one year ago and up 12% over two years ago.
Prices are generally the same as they have been for the last 2 years. What does this mean to you?…
When asking prices stay the same it means the market could be a stable market. A Seller’s market means it is easier to sell your home for the price you ask, and harder to get the home you want to buy. A buyer’s market means it is more difficult to sell your home for the price you ask but easier to get a good price on the home you buy.
Keys for Buying and Selling when the Market is slow
It’s a whole new world for home sellers. So, how do you make your house stand out so it will sell when sales are slow? Curb appeal. After pricing, nothing will bring more potential buyers into your home than a house with outstanding curb appeal. Take a walk down your street with a critical eye. How does your home stack up from the outside? If it doesn’t stand out from the rest then it’s time to get to work. Consider home staging. The quickest way to add value to a home for sale is a fresh coat of paint. After that, you may want to consider home staging-either do it yourself or hire an outside firm. A home staging professional will come in and take away some furnishings and rearrange others to make your home show better and to make it home more appealing to prospective buyers.