Our real estate market is showing signs of buyer hesitation. Homes are staying on the market longer—about 80 days on average—and some price negotiation is likely.
We’re noticing that houses which are “move-in ready” tend to sell faster and are more likely to achieve their asking price. Being market-ready might include updates like replacing heavily worn carpet or adding a fresh coat of paint.
Homes with standout features, such as expansive water views, also tend to sell more quickly. The good news is that, at the right price, homes do eventually sell. Patience, Price, and Quality are key!