Real Estate News March 2018

As we progress through 2018, the local real estate market continues to be a strong market for home sellers. In the greater metropolitan area we have seen a shortage of homes for sale. Homes are generally selling faster, at sale prices closer to, or over the asking price. Overall, this is a great time for home sellers. The bright spot for homebuyers is that interest rates have remained at historically low levels.

 

Local Market Update

Average sale price

+ 7.0 %

Average days on the market

- 16.6 %

Inventory of homes for sale

- 28.8 %

 

If you are considering a move this year, please contact me immediately. I can provide a comprehensive market analysis of your home, a detailed estimate of your net proceeds and a reliable interpretation of the present real estate market. There is no cost or obligation for this service. I am always available to discuss your real estate needs.

As one of the most experienced Realtors in the area, my extensive experience, knowledge and negotiating skills will facilitate you obtaining the highest possible price for your home. Call me today! Phone 586-909-0123

William Frohriep

William Frohriep

Associate Broker
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