Friday, February 15, 2019

50 plus Seniors 4 Question to Ask Before Selling Your House!


What are the 4 questions every 50 plus Sacramento Seniors should ask before putting their home on the market? Let's start with question number 1:

   1.  What price should I list my house for?
        With all the information on the internet, it is hard to know where to start.  Be you
        can not go wrong with educating yourself about your local real estate market. 
        You can down load computer generated house values or you can hire an
        appraiser.  But I believe the best place to start is with your local neighborhood
        realtor.  The realtor will prepare a market analysis.  He/she will take into
        consideration market conditions, comparable properties, the condition of the
        subject property and local Multiple Listing Service Data.

   2.  Will my house stand out in today's market?
        Certainly you want your home to stand out in today's changing new market.  We
         are beginning to find that homes are staying on the market longer.  Therefore
        you have to make sure that your homes stands out so that it will get the attention
        it needs to sell in a timely fashion.

3.    What is the demand for homes to buy?  The best approach to answering question 3
        and question 4 are by viewing the graph prepared by the local Multiple Listing

   4.  How quickly are homes selling in my market?

All Sacramento County Area Combined
The neighborhood graph shows the number of "Homes for Sale", the number of "Homes Closed" and the number of "Homes Pending" for the  last 15 months. 

January 2019 Average Continuous Days on Market trend is Rising*Continuous Days on Market in January 2019: 49 
Up 8.9% compared to last month
Up 28.9% compared to last year

January 2019 Sold/Original List Price Ratio is Falling*
Sold/Original List Price % in January 2019: 96% 

Down 1% compared to last month
Down 2% compared to last year

*Based on 6 month trend - Rising/Falling/Remains Steady
* All reports are published February 2019, based on data available at the end of January 2019, except for the today stats. All reports presented are based on data supplied by the MetroList MLS. The MetroList MLS does not guarantee or is not in anyway responsible for its accuracy. Data maintained by the MetroList MLS may not reflect all real estate activities in the market. Information deemed reliable but not guaranteed.The printed information in this blog is provided with the understanding that the authors and publishers are not herein engaged in rendering legal, accounting or tax advice. As such, the content of this blog should not be used as a substitute for consultation with your accounting, tax or legal professional. 

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