Midtown Montgomery Real Estate Market Trends - June 2015

Midtown Montgomery Real Estate Market Trends - June 2015

If you are contemplating putting your house on the market, you may want to see if you have some of the top features home buyers are looking for.

  • A large laundry room is on the list of must-haves for most home buyers these days.  The bigger the better when it comes to laundry rooms. Painting this room a fun color is also a great idea.  If you have not yet updated your washer and dryer it may be a good time to do that as well. 
  • Landscape lighting is a plus if you want your house to stand out above all the others on the market.  Taking a photo of your home at night with all the landscape lighting lit may be a good way to market your home in real estate magazines.  Also if you want to add ambiance to the inside of your house you can add wall lanterns in entrance ways and hallways. 
  • A finished garage is an excellent feature that many home buyers are looking for.  You can add drywall and paint as well as paint the floor of your garage.  You will be amazed at what a difference doing this will make to your home.  Make sure to add a lot of storage areas so that the man of the house will be happy about buying your home. 
  • An "eat-in" kitchen  is a must have these days.  If you don’t currently have an “eat-in” kitchen, you may want to knock out a wall to make this possible.  It could be the difference of selling your home or not selling your home.  

Take a look at June 2015's real estate sales statistics.

June 2015 Midtown Montgomery Real Estate Market Update

Midtown Montgomery real estate sales statistics for June 2015, show the number of homes increased 55.56%. The average sales price decreased by 30.46% to $141,904 for the month. The median sales price decreased by 12.95% to $126,225, and market times decreased by 42 days.  The highest selling price decreased by 11.49% from June 2014.

Midtown Montgomery  June 2015   June 2014
Homes Sold 42 27
Average Selling Price $141,904 $204,063
Median Selling Price $126,225 $145,000
Days On The Market 145 187
Highest Selling Price $770,000 $870,000
Lowest Selling Price $1 $9,249

For the latest Midtown Montgomery real estate market conditions in your area, please call me at 800-HAT-LADY or visit HomesForSaleInMontgomeryAlabama.com.

Information is provided by the Montgomery Area Association of Realtors and is deemed accurate but not guaranteed.

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