Fall has arrived and we’re already starting to feel it in our cooler mornings. Pumpkin spice everything is in the stores and I’m looking forward to a festive birthday month!
No matter the season, you deserve to get the best price for your home when you decide to sell. You & I both know you’ve put too much into your home over the years to leave money on the table. As you consider selling, you should have insight and guidance from an expert in your local market. Read on for the top things to know about the Jackson area real estate market right now.
Days on Market have Increased
In September, the median days on market for sold properties in Jackson was 33, up from 32 days in August. With days on market inching back up, sellers should be prepared that it may take several weeks and/or several showings to find the right buyer for the home. It is important to speak with an agent who follows these ever changing market trends and knows how to price and position properties accordingly to help secure a buyer within the desired timeframe.
Number of Properties Sold has Increased
In September, there were 28 closed home sales in Jackson, up from 26 sales in August. However, the number of active listings decreased during this same period. As a result, the number of months of available inventory in September decreased to 6.6 months, down from 7.4 months in August. This signals a more balanced market than the buyer-leaning market of the prior month. Sellers should always make sure they’re working with a professional that knows the local market patterns and will ensure their home is priced & prepared properly to stand out among the competition.
Median Sale Price has Decreased
The median sale price in September decreased to $258k from $313k in August, which is the lowest median price we’ve seen all year. While there is still a significant amount of inventory and sales at the higher price points, the buyer demand is stronger closer to that median price point.
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
We will talk in detail about your goals and my proven strategy for getting you the best price within your ideal timeframe, and with the least amount of stress.