Gaithersburg MD | If Your Home Hasn’t Sold Yet… Definitely Check the Price!
Gaithersburg MD Local Market Tidbits:
Today I decided to bring you some news about the things that matters the most to our local real estate market
As you are aware, the real estate market is like the weather. The economic conditions within the area are the most influential on home prices and its stability
Sometimes even within neighboring counties, our local real estate market could be completely different.
Yes, you may see disparities between Montgomery and Frederick counties even though they are just a few miles apart.
Today I want to talk to you about If Your Home Hasn’t Sold Yet… Definitely Check the Price!
The residential housing market has been hot. Home sales have bounced back solidly and are now at their fourth highest pace over the past year. Demand has remained strong throughout spring as many real estate professionals are reporting bidding wars with many homes selling above listing price. What about your house?
If your house hasn’t sold, it could be the price.
If your home is on the market and you are not receiving any offers, look at your price. Pricing your home just 10% above market value dramatically cuts the number of prospective buyers that will even see your house. See chart below.
The housing market is hot. If you are not seeing the results you want, sit down with your agent and revisit the pricing conversation.
We are interested in creating repeat business with all our clients.
We understand that we can only do that by bringing you the latest news and information that could affect your financial world when it comes to real estate.
We take pride in assuming that role for you
To reach us, please call 301-246-0001
or send us an email info@ReallyNiceHomes.com
Search for the newest listings in Clarksburg by map (click picture below)
Thinking of selling your home? Let Fernando take over the marketing of your property with our unique 99 STEPS system
www.99SOLD.com - Call or text 240-426-5754 for more information.