• Seller’s Market up to $900,000.  Strong Seller’s Market up to $500,000
• August Listings Under Contract were UP 25.9% compared  July 2018
• Year To Date Listings Under Contract  = UP 12.2%
• Low-Low Mortgage Rates
• 1 in 4 new listings were placed Under Contract in 10 Days Or Less
• 2 in 5 new listings were placed Under Contract in 31 Days Or Less
• Average Days On Market before placed Under Contract = 58 Days
• Median Number Of Days On Market before placed Under Contract = 40 Days
• Median List Price placed Under Contract = $387,000
• Average List Price placed Under Contract = $549,000

Q. Why is the market UP 12.2% year-to-date compared to than last year? 

A. Our real estate market is fueled by a bundle of positive external stimulus factors. 

Factors like:

• Positive economic growth.
• Job growth and low unemployment.
• Stable oil prices.
• Positive consumer confidence.
• Corporate-relocation moving people in and out (like an Exxon/Mobil).
• Healthy selection.
• Excellent mortgage rates in the historically low 3% range.

All positive External Stimulus Factors are in place.  Our real estate market is healthy and gaining strength.

Buyers. . . 

• It’s a Seller’s Market below $900,000, keenly competitive for buyers below $500,000.
• When you find what you love, move fast.
• Mortgage rates are at their lowest in years = More Home, Lower Payments!

 Sellers. . .

• While market conditions below $900,000 are strong, no matter the price, one fact remains, half hearted selling-efforts will fall flat faced. This is especially true as we enter a Seasonal-Slower Fall and Winter.
• Supreme interior and exterior merchandising is a must. (Here’s a Checklist)
• Quality and reach in your marketing and promotional strategy is more important than ever.
• Give-It-Away pricing is not required!  Competitive pricing is.
• More and more, serious sellers are matched with serious buyers every day.

Reach out to me if you would like more real estate information.  You can email me at Scott@ScottCulberson.com.

I am here to help you to LIVE LIFE TO THE FULLEST,

Scott Culberson
Better Homes and Gardens Real Estate Gary Greene