As we approach the halfway point of this year filled with volatile interest rates the most common questions we get is, “Is this a good market to sell my home?” The answer—YES!
Despite what you may have heard, we are getting our sellers thousands of dollars more this summer. How? It’s still a seller’s market, inventory is still very low and demand is high! Families looking to buy are still extremely motivated. It’s simple, your home is in higher demand during this season, and buyers are willing to pay!
The following June 2023 stats tell the same story!
June 2022
Average Closed Home Price: $$702,214
Months of Inventory: 2.6 months
Average Days on MLS: 13 Days
New Listings: 211
June 2023
Average Closed Home Price: $723,423
Months of Inventory: 1.7 months
Average Days on MLS: 30 Days
New Listings: 129
June 2022 vs. June 2023 Percentage Change
Average Closed Home Price: 3.02% Increase
Months of Inventory: 0.9 Month Decrease
Average Days on MLS: 5 Day Increase
New Listings: 38.86% Decrease
Call us today to get a free special report for your specific style of home. Your home value is increasing! Find out what your home would sell for today by calling us at 703-634-6615.
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