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:

  1.  Staging matters-big time
  2. The market sets the price, not the owner
  3. Small renovations may mean big bucks
  4. Incentives can help close the deal faster
  5. Real Estate is a local business