Hello Friends, welcome to June!
I hope you had a wonderful holiday weekend with family and friends, and were able to honor those service men and women that gave the ultimate sacrifice. Also, let's give a big round of applause to the Carolina Hurricanes for a hard-fought and productive season. Next year will be even better!
I have been asked a lot recently about the market, and my reply is, "it's not the frenzy it was over the last 12 months." Don't get me wrong, it is still a sellers market, but we are seeing an increase in homes getting listed. In today's fast-paced market, the secret to a successful sale is creating buyer interest right away. After years of experience working with Triangle area sellers, I've curated a winning strategy to help you seamlessly sell your home for a high value.
Here's how I help Triangle sellers maximize their sale:
I use live data to competitively price your home based on today's market.
With access to real time market data, I provide sellers with a curated valuation strategy that drives results.
I know how to curate a strategic first impression to drive buyer excitement.
By expertly staging and strategically marketing your home early, I know how to intentionally create buyer excitement, drive early offers, and make your sale as profitable as possible.
I provide access to programs that can save you money and increase your sale price.
Wondering how you can increase your home value before listing it? Working together means you’ll have access to Compass Concierge, a program that allows you to make value-adding renovations to your home without any money upfront.
I develop personalized solutions for your goals throughout the entire transaction.
Whether you need to increase your property value, expedite your sale, or get the help you need to simultaneously sell your current home and buy your next one, I'll provide you with custom solutions that are just as unique as your home.
Now, let us take a look at the most recent stats from the Triangle MLS for the "entire Triangle" and the "Cary/Apex/Morrisville" areas.
MARKET UPDATE
(Entire Triangle)
April 2021 vs April 2022
NEW LISTINGS: 4772 vs 4783 +0.2%
CLOSED SALES: 4035 vs 3753 -7.0%
MEDIAN SALE PRICE: $330,000 vs $415,000 +25.8%
PERCENT OF LIST PRICE RECEIVED: 102.5% vs 105.5% +3%
DAYS ON MARKET UNTIL SALE: 14 days vs 10 days -28.6%
INVENTORY OF HOMES FOR SALE: 3061 vs 2740 -10.5%
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(Cary/Apex/Morrisville only)
NEW LISTINGS:
615 vs 469
-23.7%
CLOSED SALES:
501 vs 388
-22.6%
MEDIAN SALE PRICE:
$440,000 vs $552,832
+25.6%
PERCENT OF LIST PRICE RECEIVED:
103.9% vs 108.4%
+4.3%
DAYS ON MARKET UNTIL SALE:
8 vs 6
-25%
INVENTORY OF HOMES FOR SALE:
253 vs 227 -10.3%
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