July 2020 - Newsletter
Do you know which two towns in Rockingham County have these trains on display? The median sales price is the point at which half of the sales sold for more and half sold for less, not accounting for seller concessions, in a given month. These are all up from the previous year! Source: nhar.org When you put your home up for sale, one of the best ways to determine the asking price is to look at comparable sales. There’s rarely a perfect apples-to-apples comparison, so a pricing decision often relies on comparisons to several recent sales in the area. Here are five criteria to look for in a sales comparison. 1. Location: Homes in the same neighborhood typically follow the same market trends. Comparing your home to another in the same neighborhood is a good start, but comparing it to homes on the same street or block is even better. 2. Date of sale: It varies by location, but housing markets can see a ton of fluctuation in a short time period. It‘s best to use the most recent
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