Just a few more weeks before the $6500/$8000 tax credit ends. And sellers are trying to push their listing to the top of buyers’ lists. This is especially true for traditional sales! With that said, let’s look at average days on the market and prices.
For the last for years, March’s average days on the market in Caroline is about 110-120 days. Last year in April, it was 200! I’m interested to see what will happen this April with the tax incentive ending at the end of the month. And the average sales price for March was still in the $160Ks.
For Spotsylvania, the days on market have been quite a bit less compared to the previous 3 years. Great news for Spotsy!With the average home price in the $210Ks.
How does your home compare? Or if your trying to purchase, how do the homes your interested in purchasing compare? There are 281 homes in Caroline (over 500 in Spotsy) currently on the market. So many unique qualities to make each home special. What is it that makes your home special? Is it being advertised? Buyers are looking for specific features. Make sure those features are being advertised to push your home to the top!
By the way, here are two traditional sales that would really like to be under contract by the end of this month. If you know someone that might be interested in either of these listings, please pass on the webpage link and have them call me if they need more information.
www.VAHomePlace.com/reservation
And pray for us! Business has been very busy – thankfully. And with Matthew preparing for his trip to Haiti, we need to keep everything running smoothly at home and at work.
Thanks a bunch!
