So, if you want to sell, I believe you can. But your home must be in Move In Ready condition with upgrades on par or better with the homes in your price point.
Feel free to call me with any questions!
Keller Williams Realty
In 2011 there were 9 sales for an average of $296,911 at an average of $116/square foot with an average of 117 days on market and sales price to list price was 97%.
In 2012 there were 6 sales for an average of $291,750 at an average of $123/square foot with an average of 102 days on market and a sales price to list price of 98%.
In 2011 there were 9 sales and 6 expired listings, so 60.0% of the homes on the market that year eventually sold.
In 2012 there were 6 sales and 5 expired listings, so 54.5% of the homes on the market this year to date have sold.
Year over year, the average sales price has only dropped 1.7%, while the price per square foot has increased 6.0% and the days on market have decreased by 12.9%.
Also, keep in mind that the FHA loan limit in Wake County recently dropped to $295,000, meaning that the maximum loan amount allowable to secure FHA financing is less than it was a year ago. This could have some effect on where the typical Glenridge buyer is looking. Now, they can't go above $305,000 if they want to go FHA for their purchase, unless they put more than the minimum down.
There is no good or bad time of the year to sell. Selling a home is all about motivation and need. If you have both, then you need to sell. The key factors are pricing your home aggressively and staging it to show like a model. Selling is also very much about transition and moving forward in life. Only the seller knows when the time is right to transition, and that alone should dictate when they put their house on the market for sale.
I hope this helps. Feel free to call, text or email any time. My phone is always on and available for my clients and anyone else with a real estate questions, concern or need. Have a great day!
Coldwell Banker Advantage
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Please contact me if you have any questions or concerns. I would love to help!