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Showing posts with label Insider Tips. Show all posts
Showing posts with label Insider Tips. Show all posts

Monday, March 12, 2012

Want to know what your neighbors home sold for?

Living In Chester County PA            Contact us NOW!      Call me at 610-883-2739

Curious what your Neighbor got for his house?   



Would you like to know what your neighbors home sold for? Get the numbers NOW!

Understand the difference between "listing prices" (what sellers are asking for) and "sold prices" (what buyers are willing to pay).
By comparing these price trends, you'll have a good idea of where the market is heading. The median listing and sold property prices are calculated based on the market activity each month.

Monday, March 5, 2012

Current Market Statistics for your Zip Code

610-883-2739              martina@ml-realestate.com        www.livinginchestercountypa.com

Review the inventory and health of the market by looking at the number of sold and listed properties.
To understand if the market inventory is growing or shrinking, compare the number of sold properties to new listings. If inventory is growing, the market could be trending toward a buyer's market. If inventory is shrinking, then it could be a seller's market.
Gauge the health of the market by comparing the number of standard to distressed listings. If the number of distressed listings is greater, the market could be unhealthy and more likely a buyer's market.