Here are a few tips to help you accurately price your home in this market.
How can we really determine the value of your home when the market is rising so fast? Today we’ll share three tips to help you come up with the most accurate assessment of your property’s value:
1. Talk to an experienced real estate agent. Your agent should be familiar not only with what has recently sold in your area, but also with what the current inventory is and how many buyers are looking for homes in the neighborhood.
2. Look at the data in your area. Looking back at the sales data over several months will help you spot trends in the market, like how quickly home prices are appreciating. That, in turn, will help you come up with an accurate price for your home.
3. Look at where the market is headed. Keep an eye on what interest rates and the economy at large are doing, both locally and nationally. This is important because if you overprice your home according to the market, you could lose out big time if something causes price increases to slow down or pushes buyers out of the market.
If you’re thinking about selling your home on the Treasure Coast or you have any questions, don’t hesitate to reach out to us by phone or email. We’d love to help you.