MARKET WATCH! In the month of February 2015 the Median Sale Price for single-family, detached homes was $169,000 and the Average Sale Price was $199,196. Pending Sale (homes that went under contract) was 921, up 16.14% from this same time last year. The Absorption Rate (number of months it would take to sell the current housing inventory) continues to favor Sellers at 5.19 and the Average Days on the Market was also down to 73. (GAAR)
According to real estate studies the best time of year to sell your home is mid-March to mid-April because it is when you sell your home the fastest and for the most amount of money. So, what are you waiting for?! Contact The Sugar Team (505) 850-9977 to get a free Comparative Market Analysis to find out NOW what your home is worth.
Linda and Sutter