July 2022 Stats
The statistics are a comparison of July 2021 and July 2022.
The chart below indicates:
Home sales are DOWN 30% from last year at this time.
The average sold price for a single family home INCREASED 11%
The average days on market has INCREASED to 2 Days.
The amount of available inventory is at 7 weeks / up from 3 weeks.
Watch the video Below
As a Buyer:::
The increase in inventory is good. It creates more opportunity and for a well qualified Buyer it creates more options and buying power.
***Right now is the best time to buy in the last 2 years. Increase in inventory. Less Buyers on the market. Sellers are more open to negotiate and we are seeing an increase in seller incentives. Such as: Interest Rate buy downs, closing costs being paid in full or partial, etc….
The value of homes continue to go up!! with the 11% increase in prices.. Consider this buy when it is easier to buy.
You can always refinance when rates drop.
Even if the home isn’t the perfect home, Buy and in a few years you would have generated enough equity to buy the perfect home.
Nobody got wealthy without owning real estate. It is a huge part of everyone’s financial success.
Treat your home for what it is. An Asset that is a tool to create Wealth, Freedom and a Better Life!
DON’T GIVE UP!!
Lets talk and put together a game plan!! LET ME HELP YOU!!
The LONG TERM FINACNIAL REWARD IS WELL WORTH IT!!!
CALL ME! **** 720-676-9484****
As a Seller:::
If you are looking to SELL!! We definitely need to talk, ASAP!!!
It is still a sellers market!
The market has shifted but there are still plenty of Qualified Buyers looking to buy your home.
Call me Today!! 720-676-9484