May and June of 2016 represent the hottest real estate market in a decade! Those who were prepared reaped the financial benefits in a big way.
During that 60-day period, homes in move-in condition were receiving multiple offers their first day on the market! It was common for homes to sell for 2-5% OVER list price.
Homes that missed that brief "bubble" had to be extremely cautious with their pricing - those that priced at or near the January through April numbers still sold quite well, those that tried to catch the May/June lighting-in-a-bottle found themselves languishing on the market for the rest of the calendar year and beyond.
The big question is, "If/When will we realize a similar market surge during 2017?" The answer is easy and difficult at the same time. Historically, the local real estate market sets annual 'highs' during the May-July timeframe. There's no reason to doubt our market will again surge during that period. However; there's no guarantee that we'll experience the same levels of return in either sales price or number of homes sold. But rest assured that we'll get you the most the market will bear!
The little know secret of the local real estate market is that often move-in condition homes will sell for more during the slower times of the year. Being WPAFB's neighbor, there are always people transferring into the Dayton area. When housing inventory is down, the cream-of-the-crop tend to sell for more!
Here's the key - Be ready before you're ready.
If you're considering a move in the next year, or even two - give me a call/text at 937-985-3223. I'm happy to run some numbers and forecast what we can expect from the market.
In addition, we can discuss prepping it for sale. This process is much easier and cost effective when there's adequate time, rather than rushing it.
Keep in mind that:
Remember, when I do a walk through with you I'm not there to judge and you don't need to clean for me - I'm there to help you get TOP DOLLAR for your home. Confidentiality is guaranteed!
Let's get started!
Brett Williford, REALTOR®
Irongate Realtors
937-985-3223
Clients who become friends are the gold lining to the real estate industry!
