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Sales are up...prices are not...


Blog by Patricia Houlihan - Personal Real Estate Corporation | October 23rd, 2019


Sales are up...prices are not...

 

Over the last few months, we have seen a dramatic improvement in the market.  Homes that had been sitting for quite some time suddenly sold; new listings were selling quickly; AND we had 3 homes sell after the first weekend-2 at OVER ASKING and one at FULL PRICE. None of these homes were priced low and all sold at much higher prices than expected. The number of sales is up substantially, and while prices have not gone up, they don't seem to be moving further down on most properties. These are all good signs for sellers. However, the price point and home type does significantly impact the saleability right now with some homes still not moving. 

 

If you would like to know how your home is doing in the current market, I would be happy to meet you to discuss.