Thursday, May 14, 2015

Median Sales Price is Up and the Market is Hot for homes in the $200's

The median home price has increased 5.9% from $204,900 a year ago to $217,000. This is wonderful news!
The market has definitely picked up especially for homes priced in the $200,000's or below. The entry level homeowner is now looking to buy and a new build isn't necessarily an option for them. The new home builders are averaging larger home sizes providing few options for the entry level buyer. 
This leads the entry level buyer straight to resale homes providing a wonderful benefit to current homeowners who are looking to sell their home and upgrade to a larger home. 
If you are looking to sell your current home and upgrade to a larger home please contact me. Buyers are out there waiting to purchase your current home and interest rates are still amazingly low making your new home affordable. Also, this is traditionally the beginning of a busy home buying season as buyer's look to move into their new home prior to the new school year. 

Kimber Devoe 
Desert Fairways Realty
KimberDevoe@gmail.com
623-225-9482

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