The spring market has finally arrived, and it’s here in full force. 

According to the year-over-year numbers from March, the average sale price has increased by 5.6% to $316,000. There is fierce competition for homes in certain price points, and the average list-to-sale price ratio has risen 0.4% to 98.9%. Additionally, the average days on market for listed homes has decreased 9.4% to 48 days. 

If you’re a buyer, this means you want to enter this market with a full pre-approval from your lender and you want to have a networked agent by your side. It would be a bonus if your agent could find homes that aren’t even on the market yet (aka “pocket listings”).

“According to the year-over-year numbers from March, the average sale price has increased by 5.6% to $316,000.”

If you’re a seller, it’s not a question of if your home will sell, but whether it will sell for the most money possible. As with buyers, you need to work with an experienced, networked agent who can come up with a great marketing plan for your home. 

Whether you’re thinking of buying or selling a home soon, don’t hesitate to reach out to us so we can help you get started. 

If you have any other real estate questions, feel free to reach out to us as well. We’d love to help you.