GLVAR has reported that the median local home price reached $200,000 in July for the first time since August of 2008. The peak for home prices was $315,000 in June 2006.
The average age of a resale home sold in the past 12 months was 19.9 years.
Five things sellers need to know:
- Staging matters-big time
- The market sets the price, not the owner
- Small renovations may mean big bucks
- Incentives can help close the deal faster
- Real Estate is a local business