Great news for home sellers!!!!!

Something very interesting is happening in our market that points to now being a time to consider a move up to a larger home.  The market has increased in sales volume this year by approximately 35%, good news for home sellers.  Of particular interest though are the differences in sales price between the moderate range $150,000 – $250,000, and the upper end range, $350,000 – $500,000.

 

While the moderate price range has had a slight increase in value (1%) over the past 12 months, the upper end range has had a decrease in value by approximately 14% during the same time period.

 

What does this tell us?  For a local family considering a move up, now may be the best time we will see for several years.

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Posted on September 24, 2013, in Uncategorized. Bookmark the permalink. Leave a comment.

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