Tuesday, July 27, 2004
233 Homes SOLD in June!
That's right, there were 233 homes that closed escrow in June. The average was at 200 per month in the preceding 3 months. Even though inventory has increased, buyers are still out shopping for homes. What we have seen is that prices are 20%-25% higher than last year at this time, but that the large increases have begun to stabilize. The homes that sold in June sold at 2%-3% higher than the month prior.
As I have been posting, intelligent pricing is very important in determining if and when your home will sell.
As I have been posting, intelligent pricing is very important in determining if and when your home will sell.
