Why sell your Metro Phoenix home starting this March?
Considered the big kick-off for the Valley’s housing market, this is the time of the year where the number of listings under contract increase by the day, setting up home sales volume for the coming four months. Looking back at 2017's Valley home sales, nearly 40 percent of homes got sold during March, April, May and June. This after coming off a January that saw Phoenix-area home sales up almost 3 percent from the same month last year.
And with fewer homes listed for sale especially those priced below $400,000, selling prices are expected to rise in some popular Valley neighborhoods in the coming months. This might push the Metro Phoenix’s median home price to climb $250,000 from $245,000 from last year's second half.
Mortgage lenders offered some help to homebuyers with rising metro Phoenix home prices- especially those looking to buy their first homes- with higher loan limits. But did you know a recent survey by www.redfin.com shows most homebuyers planning to purchase a home in the next 12 months are unfazed by 5% mortgage rates?
This time of the year also happen to have the "The Greatest Show on Grass” highlighting the awesome Phoenix weather to the colder parts of the country, Spring Training in March and families looking to move once the school year is up. Have we mentioned that we're also in what is being considered the most profitable time to sell a home in more than 10 years?
If you're now thinking of cashing in on this wonderful opportunity, then be sure you contact The Shanna Day Team- let's go sell your Metro Phoenix home for top dollar!
The Time To Sell Your Metro Phoenix Home Is Now!