The market has changed from a seller's market to more of a balanced market quickly. Inventory has increased 128.6% within 12 months. Closed sales went down 46.1% compared to this time last July. Homes are taking longer to sell because there is more inventory to choose from and the buyer frenzy is not there anymore.
The sellers who price their home accordingly and take the proper steps to prepare their home to sell, do sell in this market. If you price your home too high, you'll be one of the hundreds of price reduced properties we are seeing.
With this market adjustment, it takes the right skills and knowledge of how to sell a home with competition so high. I am that agent. I've been a full time agent since 2007 and also a real estate author. Contact me today to discuss your situation and options.
Laurel Jonas- REALTOR®
Northwest Realty Group
2022 N. Government Way Coeur d'Alene, ID 83814
208-758-9000
208homesforsale@gmail.com
208homesforsale.com
