Are you thinking of selling your home in the near future?
If you currently own a home or are looking to buy or sell in the near future, the real estate market is definitely something that you should be paying attention to. A lot has changed in the last 12 months.
We are not in a buyer's market just yet.
For the most part, metro Atlanta is still in a seller's market. Over the last year, zip code 30281 had 2.2 months of inventory available for sale. In order for it the market to favor the buyer, there needs to be at least 6 months of housing available.
Months supply of of market data for zip code 30281, Stockbridge, GA is provided courtesy of GA MLS. Report date: 10/13/22
Pricing is the number one marketing strategy.
A realtor can do a number of things marketing wise to get a home sold however the number one strategy to getting a home seller top dollar in the shortest amount of time with the least amount of hassle is by being accurately and competitively priced. There are three different levels to pricing: below market value, at market value or above market value. In order to be competitive in this market, pricing a home at slightly below or at value could potentially attract more buyers, get you more offers and the price that you were expecting.
Median list & sold price data for zip code 30281, Stockbridge, GA is provided courtesy of GA MLS. Report date: 10/13/22
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Days on market have increased.
Depending on the price point, location and features, some homes in Metro Atlanta are selling above asking price with very few days are market however we are starting to see homes sit on the market longer with less buyers in the market. The average days on market for zip code 30281 was 34 days in September 2022, compared to18 days in February 2022.
Average Days on Market for zip code 30281, Stockbridge, GA is provided courtesy of GA MLS. Report date:10/13/22.
Seller concessions are coming back.
We are starting to see more listings with sellers offering concessions such as credit towards closing costs and interest rate buydowns to assist buyers with getting into the homes in lieu of lowering the sales price.
If you are a homeowner thinking of selling in the next 30-90 days, let's find a time to formulate a plan to get your home sold for top dollar with the least amount of hassle, I am happy to help. Call or text me at 770-4078-9674 to schedule your FREE consultation. Download your complimentary Equity Analysis Report for your home right here>>EAR.