However, a local Real Estate Agent should give you an idea of what homes are going for now, what they have gone for in the past 10 years, and what they should be going for within the next 12 to 18 months. Real Estate Markets operate on a cycle which is based on supply and demand. The time frame between a high market and a low market is different in every State and neighborhood. I suggest you consult a local Agent for additional details.
I hope this answered your question! If you have any further questions, please feel free to contact me by the ways below.
Wishing you all the best,
De Vonte Williamson
Licensed Real Estate Salesperson
Proudly Serving Long Island
Coldwell Banker Residential