Cody Kerr

Spokane & North Idaho Area Realtor
Licensed Appraiser
Greenbluff Specialist

Login/Register (509) 944-5071
  • Home
  • Green Bluff
    • Real Estate Sales & Consulting
    • Green Bluff Growers & Map
    • Green Bluff Harvest Calendar
  • Sellers
    • What’s My Home Worth?
    • Guide to Selling a Home
    • Selling Process
  • Buyers
    • Free Home Search App
    • Home-Buying Process
  • Search
    • Search All Listings
    • Featured Listings
    • New Listing Alerts
    • Market Reports
  • Neighborhoods
    • North Idaho Areas
    • Washington Areas
  • Blog
  • About
    • About
    • Testimonials
  • Contact

Market Report – May 2018

June 5, 2018 by Cody Kerr Leave a Comment

Pushing the Limits

In a hot market like we have this year, sellers are pushing listing price limits, attempting to capitalize on the rising sale prices. In 2017 from Jan-May, the market appreciated almost 11%. This year from Jan-May, average sale prices increased an astounding 17.5%. When selling your home, it’s critical to consider the market trends for the time of year. Historically, prices rise heading into summer, which could justify pushing the listing price, but push it too much, and you could be left high and dry. Closed sales and prices normally cool off after July as we leave the hot summer. Consider your listing strategy carefully if you plan to list in the month of July or later because a price that’s too hot may leave you with the cold feeling of an unsold home.

Filed Under: Market Updates, Real Estate News

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Cody Kerr

Cody Kerr

Spokane & North Idaho Realtor
GreenBluff Specialist
(509) 944-5071
Contact Cody
Listing Alerts Your Home's Value Market Reports

Categories

  • Farming
  • Green Bluff Newsletter – "In Your Backyard"
  • Market Updates
  • Real Estate News
  • Uncategorized

Cody Kerr

(509) 944-5071
Contact Cody
  • Email
  • LinkedIn

sitemap   •   admin   •   ©2023 All Rights Reserved  •  Real Estate Website Design by IDXCentral.com

©2016 All Rights Reserved. Coldwell Banker Tomlinson fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office Is Independently Owned And Operated.