Market Snapshot

According to Trulia our median sales price has a slight increase, good news for home owners. Now the number of sales tells a different story. In order to make a sound decision when selling your home you need a series of reports, a market snapshot.

As you can see the number of sales have decreased. It could be the time of year as children have recently went back to school. So what does this report mean to you? What it means if you have to sell price your property right from the get go and if you do not have to sell now, you might want to put it off. If you are in a shortsale situation in the Indianapolis area call us for a FREE consultation.

List price is not the same as the value of a property. Too many times homes make it in the mls overpriced and never selling. Due to the fact that there is a slight increase in median prices could be an indicator of why the list price is on the upswing. What is more important than list price is selling price.

This is good news…the fewer the properties the less competition a real estate seller has when trying to sell their property. It is always a benefit to a home seller when there are fewer properties on the market.

This is good news considering the fact that many parts of the country pricing has plummeted to record lows and that means that square footage has fallen which means property values have dropped and in many cases homeowners are upside down in their mortgage! Need shortsale help in Indianapolis, IN contact the SmithFitzgerald Team today. All calls and inquiries are confidential.
