The latest numbers are in for our real estate market and are unprecedented. We all know it’s a hot market, but these statistics show just how hot it really is:
The median price for a detached home in the Desert is up 32% over last year to $580,000.
There are just 682 units available for purchase. Usually, around this time of year, we have three to three thousand available units.
Experts expect this trend to continue for the foreseeable future.
With such low inventory, well-priced and staged homes that come on the market are getting multiple offers. At this point in time, it’s smart for home sellers to work with an agent who knows how to price, knows how to prepare your home for sale, and knows how to get your home sold for top dollar.
If you have thoughts of selling, this is a good time to sell. Even if you don’t live in the area, we can help. We can make your home look perfect for this market to get top dollar.
If you have any questions for me about buying or selling a home or real estate in general, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.