Can you believe May is already half over? Graduation season is in full swing & summer vacation plans are on many people’s minds. Summer is also a popular season for moving, allowing time to get settled before school starts back in the fall.
Our homes serve us well over the years, but as life changes, you might decide it’s time to move. The idea of moving into the home that fits your lifestyle now sounds appealing. But first, you know you want to maximize your sale price.
You’ve put too much into your home over the years to leave money on the table. As you consider selling, you deserve insight and guidance from an expert in your local market. Here are the top things to know about the Jackson area real estate market right now:
Days on Market have Increased
In April, the median days on market for sold properties here in Jackson increased to 39, up from 33 days in March. With homes spending more time on the market overall, it’s more important than ever for sellers to have the right strategy in place to prepare, price, and position it in a way that stands out to attract buyers’ attention and sell quickly.
Number of Properties Sold has Increased
Fortunately, the number of properties sold increased significantly last month to 35, up from just 13 closed sales in March. This is the highest number of sales we’ve seen in Jackson since November of last year. With the local market constantly changing, sellers should focus on making sure they’re working with a professional that knows the local market and will ensure their home is positioned in a way that reaches and appeals to as many potential buyers as possible.
Median Sale Price has Decreased
In April, the median sale price in Jackson decreased to $282k, down from $310k the month before. During this same time period, available inventory increased by 12%. With 210 properties on the market at the end of April, inventory has now reached pre-pandemic levels. Buyers now have plenty of choices, which highlights how important it is for sellers to work with an agent who is monitoring these shifts to set appropriate prices and expectations from the start to maximize sales price while minimizing days on market.
As a homeowner, what does this mean for you?
If you’re thinking about selling in the next 12 months, now is the time to start preparing for market.
Yes, real estate transactions can be complicated. But they don’t have to feel that way. When we work together, I use a proven system to get you from consultation to closing without unnecessary stress & worry. You deserve an agent who thoroughly understands your unique needs and can confidently guide you seamlessly through your real estate transaction—so you can focus on living your life!
This is why my clients have trusted me to guide them through their biggest financial transactions since 2013. My step-by-step process has been carefully developed to get you the best price, within your ideal timeline, with the least amount of stress.
If you are thinking about selling your home in the next 12 months, call me today for your Strategic Marketing Consultation → 770-630-8394