Market Update: How is the real estate market for sellers and buyers?

Mar 24, 2021

Over the last year, it has been no secret that the market is at an all-time high. We’ve seen median sale prices escalate exponentially from an average of $235k in February of last year to over $300k in September 2020. While sales have cooled slightly, we’re still seeing the median sale price has maintained around the $290k price point, which we can’t complain about!

Thinking about selling in this market?

It’s a great time to sell in terms of the amount of price you can get for your property in respect to what it was 1-2+ years ago. When working with Brooke Group to sell your home, you can expect your property to go through a 7-step process to maximize the amount of your selling price. 

Looking to buy?

While this market can be particularly frustrating for buyers due to the extremely competitive market, don’t get discouraged. We provide a Buyers Consultation when working with you, in which we discuss our tactics and solutions to ensure that you walk away the winning bidder. While interest rates have slightly increased in recent months, they are still at all-time lows! Together, we’ll find out what you qualify for in a mortgage and get you on your way to purchasing your new home. Rest assured that as the vaccine continues to become more and more available, sellers are going to feel more comfortable opening up their homes, and in turn, you as a buyer will see an increase in inventory.

Watch our market update in full here and contact us today if you’re looking to buy or sell!

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