The nation’s dramatic housing market correction began in 2007 and lasted for about 5 years. The greater Seattle housing market began experiencing pricing corrections in 2008, which lasted until around 2012. Home prices started to rebound around 2012 and prices shot up in many neighborhoods as the region experienced increased economic prosperity and an influx of new residents. Prices and appreciation in the region have generally continued their upward trend since 2012. COVID’s arrival in 2020 caused many analysts to predict housing prices to crater. Several areas did see pricing and sales activity fall dramatically in the spring of 2020, but pent up demand caused the market to roar back soon after. Home prices and competition among buyers remained high through the end of the year.
As a seller, it’s important to put your best foot forward regardless of the market conditions. We will market the best features of your home, but you should also have an idea of its shortcomings, especially as it compares to your competition. A good pricing strategy can help you attract more buyers who will compete for your house when the market is strong and in your favor, and will also help you attract the right buyer when the market is not so bustling.
After your home has been repaired & updated (if necessary), properly staged and the interior looks good, we’ll work together on the terms and pricing. Pricing your home for a good sale is both art & “science;” how do we attract the best buyers with an appealing price, but balance that against you leaving money on the table? We’ll certainly have a lot to discuss when we meet to talk about tactics for selling your home.
Ready to sell? Let’s get going! Contact us HERE for a comprehensive analysis of your home’s value.
Not quite ready yet? Let’s chat anyway and see if and when a home sale might be most advantageous for you. In the meantime, you can obtain a complimentary, automated valuation report for your home HERE. We can do a custom valuation report for you after we’ve had a chance to connect and learn about your ideas and goals.