As realtors, one of the most commonly asked questions we are asked on a daily basis is “How is the market?” Knowing the local market is the key to helping our clients get the BEST possible price for the sale of their home (Listing). Knowing the local market also helps us advise our buyers when preparing their offer to avoid overpaying for a property they may just have fallen in love with.
To help answer this question, we wanted to share this video. Each month Keller Williams complies data on the national market and encapsulates the information into a short video packed full of statistics and info.
You can view THIS MONTH IN REAL ESTATE for AUGUST 2016 below:
This video breaks down the NATIONAL Real Estate market. And, of course, real estate markets vary from state to state, town to town and even sub-division to sub-division. The information for the Greater Nashville or Middle Tennessee area, will be slightly different. Franklin, Brentwood, Fairview, Spring Hill, Thompson’s Station, College Grove, Smyrna, Nolensville, Nashville, Antioch, Columbia, Murfreeboro, Arrington will all have data that is unique to that city.
If you wanted market details on a MACRO level, this has it all. But if you are wanting more specific, local or MICRO Real Estate market statistics, we would be more than happy to provide you with detailed information and statistical data on your city as well as your neighborhood and/or sub-division.
We can provide you with information on what the average Days On the Market or DOM is for your area, what the average sales price is, what percentage of asking price sellers are receiving otherwise known as the sales to list price ratio, the average cost per square foot and more.
It’s been said that Knowledge is Power. And when you are in the business of buying or selling a home, knowing the market is KEY. If you need more information or want to enlist the help of a Realtor to help decode all of this data, The Spackman Group at Keller Williams Realty Franklin, is a full service real estate group assisting both Sellers and Buyers.
If you’d like to get an automated estimate of your homes value, you can get that here: http://www.thespackmangroup.com/cma/property-valuation/ . For a more detailed and accurate snapshot of what you home could sell for, contact us today for an appointment – (615) 840-2692 Kate Spackman or (615) 939-1252 Greg Spackman.
If you’d like to purchase a home, you can browse current local listings here: http://www.thespackmangroup.com/buying/. You can view properties and even mark favorites. The site is updated every 10-15 minutes so the data is reliable and accurate.
All Keller Williams Realty Offices Are Independently Owned And Operated