The real estate market is back to seeing negotiations on the price, inspection items and more. In fact, I am working with buyers that were able to secure the property for less than the asking price and then also negotiated a significant credit on the inspection repairs. On the flip side, I was also able to get multiple offers on a listing and the sellers picked an offer that was perfect for them. It is a balance, which is healthy!
The average sales price is still on the rise. Last year, YTD, the average sales price for a single family home from Almont-Mt. CB was $1.8 Million (Median was $1.4M). Can you guess what it is this year so far?? $2.27 Million (Median is $1.8M)! A lot of this average was pulled up by a few very significant sales.
Do you have specific questions about the local real estate market? Let me know how I can help! |
