Tag Archives: your elk grove home value

Why Now is a Great Time to Sell

housing price risingHome sales are up!

Find out what your home is worth in today’s hot market!

Existing home sales have risen 20% since 2011, due to increased job growth, low mortgage interest rates, and increased demand.  

Motivated buyers are competing for limited inventory. Sellers reported a median of 5 weeks before they sold.   Sellers sold their homes for an average of 97% of the listing price.  21% sold their homes for the FULL listing price.  10% sold their homes for MORE than their listing price!  The majority at 53% of sellers did not reduce their asking price, 25% did reduce the price 1 time.     

sellers_pie_chart

Does your home meet your needs?

  • Has your family situation changed or will it in the near future?
  • Do you want to move closer to family or friends?
  • Does the area where you live no longer suit your needs?
  • Does your home no longer meet your space requirements?
  • Do you foresee a job relocation?
  • Do you just want a change?
    ~If you answered yes to any of these questions, now may be an excellent time to sell your home!

Top_reasons_for_selling
Young Sellers want to UPSIZE!

  • 18-34 years purchased a home 900 SF Larger
  • 35-44 years purchased a home 750 SF Larger
  • 45-54 years purchased a home 120 SF Larger

While older ones want to DOWNSIZE!

  • 55-64 years purchased a home 50 SF Smaller
  • 65-74 years purchased a home 300 SF Smaller
  • 75+ purchased a home 230 SF Smaller

If you want to find out what your home is worth in today’s hot market, we would be happy to do a complimentary evaluation for you.

Facebook Pinterest Email Twitter Linkedin