Livermore Real Estate: 3 Biggest Factors for Selling Smart
This week in Livermore we have 56 total active homes. That’s a slight increase of 4 properties since last week.
But yes, inventory continues to remain fairly low after falling sharply to less than a half month’s supply in December. That said, we are seeing a gradual trend upward with the start of 2023.
If you are planning to sell this year, you may be feeling both excited and nervous. So we’re here to help. First and foremost, stop focusing on the past. But if you must, let’s talk about appreciation for a second…
In July of 2022 we hit our high after experiencing a 20% year over year increase in 2020 and 2021. This market wasn’t realistic and although it may feel like pricing is down, our median home price actually experienced 2.6% positive growth over this past year. So going forward, focus on the facts…like how we have extremely low inventory and homes are in demand.
If you’re planning to make a move we want you to consider the 3 BIGGEST factors that contribute to selling smart in this market.
- Precision Pricing – we can not stress enough just how important it is to do your research, know your micro market, and get professional guidance in pricing your home.
- Property Specific – you can’t change the location of your home, but you can make its best features stand out with expert marketing.
- Prep Work – the last thing buyers want to deal with right now are costly repairs or renovations, so consult with a professional realtor (like us) to make sure you identify the right projects to make your home look and feel as move-in ready as possible.
Well there you have it, 3 of the biggest factors affecting how you sell your home…all of which you have some control over.
If you’d like to set up a consult…we’d love to help.
