One minute national housing market video update from RE/MAX for January 2018 using December 2017 housing data based on 54 metro areas around the country.
- Home sales down 3.3% versus December 2016
- Median price of homes sold up 8.1% year-over-year to $232,500
- Average days on market were down by 5 days to 57 days as compared with one year ago
- Number of homes for sale down 14.6%
No doubt that home buyer demand remains strong and that in many areas it's a seller's market, pure and simple. There just are not enough sellers listing their homes, despite rising prices. But keep in mind that real estate is very local, if not hyper-local... so be sure to have a discussion about your specific market conditions with your real estate professional.
So, is now the right time to sell your Charlotte metro area home? That depends on your motivation. If you'd like to have a quick conversation about that, please contact Carolinas Realty Partners with RE/MAX Executive. We'd be delighted to explore the pros and cons of listing your home now versus waiting.
This monthly video RE/MAX National Housing Report for January 2018 is brought to you by Nina Hollander and Carolinas Realty Partners with RE/MAX Executive, your Charlotte metro area real estate consultants.
If you are considering purchasing or selling a home in the Charlotte metro area, I'd love an opportunity to earn your business, exceed your expectations, and to prove to you that:
Clock Image courtesy of fotographic1980 at FreeDigitalPhotos.net