Raleigh’s housing market is the healthiest I’ve seen it in years. So it was no surprise when I read this latest article in the Triangle Business Journal that backed up what I’m seeing first hand.
According to new research by Zillow.com, Raleigh is the 5th most stable market in the US.
Right now we’re in a seller’s market and here’s what I’m seeing:
- Homes are appreciating really well.
- Multiple offer situations are occurring more frequently.
- Homes are hitting the market and going fast.
- The average days on market in the Triangle are down.
Here at Hunter Rowe our average days on market (the time it takes us to sell a home) is just 15 days. Last year our average was 24 days.
I really beat our record last week when I sold a home in just four days. It went on the market on a Friday and sold by Monday. The home also sold over the asking price and sold for higher than other homes in the neighborhood.
This is the trend here in the Triangle and I don’t see it changing anytime soon.
My advice for those homeowners who are on the fence about selling – now is the time!
This is a great market to sell your home to get the most out of your investment.
Buyers out there might be saying, “I’m paying more.” or “I can’t find a home.” Don’t worry.
Hunter Rowe has some tools that can help walk you through the process of multiple offer situations that are common right now. We can also help you get the best price on your new home.
So come talk to me! I can help with either the selling or buying process.
Both are great options right now in Raleigh – you can take my word for it or read the research.