Today I’ve got some great St. Charles MLS data comparing the current market to the market a year ago. Here are the numbers that stood out to us:
- Market time is down by 7%
- The number of homes on the market is down by 8%
- The average sale price is up 4.5% to $357,000
This is all great news for sellers. There is a break in the market right now and a big opportunity for home sellers and buyers.
For home sellers, now is the time to get your home sold for top dollar. For homebuyers, now is the time to get off the fence and lock in a low interest rate. Fresh inventory will be coming on the market every day this summer.
If you’re thinking about buying or selling a home anytime soon, don’t hesitate to give us a call or send us an email. We would love to hear from you.