Sales Count : 10
Avg. Sales Price : $83,083
Min. Sales Price : $32,000
Max. Sales Price : $162,500
Avg. Sale/SEV Ratio : 1.35
Avg. Sale/Sqft Ratio : $80.53
Avg. Current SEV : $60,456
Avg. Sqft : 1,031
Of course the lower end sales would be those homes in poor condition and/or sheriff deeds. The highest sale price was built in 2003 and would not be a comparable home. When I eliminate those homes that are not comparable, the sale price to SEV comes out to 2.13. The highest bungalow sale was 114,000.
You should take this into consideration before placing your home on the market. With your refinance in 2004 there may not be enough equity in the home to sell without bringing money to the table. Another reason you should speak with some lenders first.
Good luck with your business decision. Please make it based upon facts.
I suggest you invite several agents to view your home and provide comparable sales. Please ask them to review ALL sales of homes not just 3 or 4. When choosing an agent, make sure you ask for everything in writing including their marketing budget. Any agent can place a sign in your yard, place it in the MLS, and run a few ads. Do you believe your home deserves more?
Speaking with a lender is a good idea. Recent tightening of lending guidelines may actually disqualify you from purchasing a home at this time. It's better to know ahead of time rather than once your home is on the market. Better safe than sorry.
Wondering how it went? Did you put your house up for sale, or are you considering doing so this year? I would like the opportunity to be considered for the job if you are going to be in the market this year.
Century 21 Hartford South
As many have stated, the sooner the better. Check out Active Rain, where you can find profiles and blogs from local real estate agents and loan officers. Selling your home can be a positive or negative experience, depending on the team you choose. Make sure you find the agent to help make the process as smooth as possible!
All the best,
Having an agent and/ or agents in prior to you listing is a fantastic idea and will put you in the direction of success! I hope this information helps! Best wishes!
I agree with Cindy. The spring market starts before the weather does.
Agents also have experience knowing what buyers want. A good agent can meet with you now and offer suggestions to get your home in the best showing condition. I have a checklist I can email you too.
I have also seen an increase in activity for the past month. In this market, the homes that are priced right and show well are selling. Start interviewing agents now so you have some time to think about who is going to take care of your needs the best. I would love the opportunity to talk with you.