Dear #seller, you may have heard the real estate market is shifting or normalizing. While interest rates have increased, the stats I'm sharing below suggest it is still a good time to sell. As a homeowner, now is still a great time to consider selling.
Below are statistics indicating it's a sellers' market:
- According to the National Association of Realtors, the median sales price is up 10.8% year over year. Homes are continuing to sell for the full listing price.
- All-cash sales accounted for 24% of transactions in July 2022, which has increased compared to July 2021.
- The average number of days on the market is 14, tying last month's record low. The National Association of Realtors reported that 84% of listings were on the market for less than a month.
Homes in #miami, #hallandalebeach, #hialeah, #doral, #miamilakes, #miamisprings are still in demand, and as a homeowner, now could be your time to take advantage of the current market.
If you're considering selling your home or would like a free home valuation, please connect with me!
