Sellers Market In Hickory Area January 2018

Dated: 01/04/2018

Views: 571

SOLD by Hickory Real Estate Group

Even though the new year is barely getting started we are in the middle of one of the best sellers markets in recent memory. If you were thinking about waiting to put your house on the market this spring just to wait for the green grass and flowers you need to ditch that strategy. Now is the time. 

Just before Christmas we put on a house in Newton Listed at $169,900 and got multiple offers on it and got it under contract within the first couple days. Early this week we listed a home in Conover for $150,000 and the sellers accepted a very good offer within the first day or so and had to turn away several potential buyers. 

The sweet spot for this activity is between $125,000 and $225,000. Other price ranges are still selling well but if you are in this range we would like to talk to you asap. With interest rates starting to creep up who knows how long this run will last. 

In our market there are currently around 150 homes for sale in this price range. On the surface this may sound like a lot but last year we averaged  around 85 sales per month in this price range...that is less than a 2 months supply of homes for sale right now in our market. 

If you are thinking about selling enter your address here and we can let you know where you stand. 

Blog author image

Mike Kelly

Broker, CRS, GRI, GREEN, President. I take the job of helping you sell you home very seriously. The real estate market is always changing and I am constantly challenging myself to find the most c....

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