“Summer sizzle has officially arrived! While frustrated buyers take a break from the housing market frenzy, sellers remain bullish on the pricing of their homes.” reports Linda O’Koniewski, CEO of Leading Edge Real Estate. “Savvy buyers won’t be baited into overpaying. They know when property is overzealously priced. Sellers need to be realistic about pricing their homes right, and those who are, are generating multiple offers resulting in over-asking prices and the most optimal terms. The agents at Leading Edge are skilled marketing, pricing and negotiating experts who get the most money and the best terms for their seller’s largest asset.”
The latest 12 months sales of single-family homes in the Leading Edge service area decreased -3.2% year-over-year. Inventory remains down -17.3%. The number of days on market is also down -17.1% while median sale prices remain up +7.1% at $600,000.
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