Trying to decide when is the best time to sell your home can be tricky, but also is determining the final profit on your home.
Here is some information to help you make that decision.
- Home prices are trending upward. According to Georgia Realtors, home prices from 2018 to 2019 increased by 3%. Prices are looking to trend even higher for 2020. That is good news for the seller, but if you are also buying, it’s another consideration.
- Housing markets are low. When the housing inventory is low, buyers tend to contemplate all options in the market area and make quick offers. This is good news for sellers because it often leads to bidding wars in attempts from buyers to get the best house in the area.
- Homes are spending less time on the market. As with inventory being low, buyers are acting fast. The average time on the market in 2019 was 56 days. That was a 5% decrease over the previous year’s statistics.
So, are you still trying to decide when is the best time to sell? Still wondering what your final profit might be? We can help with that. We are now iRep certified. What does that mean? We can test the market for you without doing a formal traditional listing. We can help you receive cash offers on your home and a retail market valuation in 48 hours. Then you can decide whether or not to accept the offers or go the traditional route of selling your home.
The time is right. All the pieces are falling into place. With increased housing costs, lower inventory, and fewer days on the market, now is the best time to sell a home. Let the Dinsmore Team help you through the process.
