First weekend of the month which means it’s time to take a look at what’s happening in real estate. Inventory remains low, as do the interest rates. The warmer weather has brought a burst of new listings and we are hopeful this trend will continue. Here’s what the Penfield Housing Stats look like:
87 homes were listed with an average list price of 300k, ranging from 66k to 900K
86 homes were listed as “under contract”. Average days on the market Penfield NY? 4! Average median price is of 210k. The market is still moving quickly, so it literally pays to be represented by an experienced agent who can help you put your best offer forward.
In the last 30 days, 26 homes were recorded as sold with an average sale price of 237k. On average, 100% of homes on average have received their asking price. In a significant number of cases, sellers are receiving over their asking price. NOW is the best time to sell.
Some sellers are concerned and rightly so that if they get a great offer on their home, they won’t be able to find a new one. Many buyers, at least the smart ones, will be willing to grant additional time for the homeowners to look for suitable property. As a full time, experienced agent, I’ve seen markets like this one before and I can help navigate the waters so that everyone ends up with a roof over their head. In some cases, some parties may have to move twice. The home of your dreams is worth it. With sellers receiving the very best offers and buyers receiving the lowest interest rates this year, everyone wins. Contact me today and let’s get started! Need help with your finances? No worries. I have a network of trusted professionals to find the program that’s best for you.