It’s still a phenomenal time to sell a house.
The rise in home sales has contributed to an increase in home prices, as well. The median price rose by 7.2% to $235,000. The average price rose by 10.6% to $282,467. When the average home price outpaces the median price, it means that we’ve had a lot more higher-priced homes sell. That seems to be the case since we’ve seen lots more people moving in from out of state than usual for reasons relating to politics and the coronavirus. They just don’t want to live in big cities anymore.
Ultimately, it’s still a phenomenal time to sell a house. For homebuyers, interest rates are still at historic lows, which makes it a good time to buy, as well.
If you have any questions about where to go in order to begin the process, don’t hesitate to reach out to us. We’d love to help you.