Real Estate Market

Midtown Montgomery Market Trends

Selling in the Fall is a Great Idea

While summer is considered by many to be the hottest time for selling a house (both literally and figuratively), sometimes circumstances require you to sell during a different time of the year.  This fall might be exactly the right time to sell.  Homes are still in demand and there is a good chance you will find a buyer before the end of the year.   Here are some perks to selling in the fall:

- Buyers are seriously looking in the Fall. They want to get settled into a new house before the holiday season begins.  The pressure is on for them to find their new home quickly and this puts you (the seller) in the driver’s seat when it comes to negotiations.

- There is less competition in the fall. Many sellers need to close and move before school starts, so fewer houses are for sale.  With less to choose from, buyers can’t afford to be quite as picky.

- You will be dealing with different types of buyers.  Families often move in the summer to accommodate school schedules. Empty Nesters and Millennial Home Buyers are more likely to be looking in the fall. In addition, employers who need to relocate their workers often wait for fall to avoid the hot market during spring and summer.  A speedy closing is the goal of most of these buyers, which means you are more likely to get the best price possible for your house.

- Fall is pretty.  The weather is cooler; the leaves are changing colors and fall décor can make homes look and feel warm and cozy.  This is a great time of year to dress up your house to entice buyers.

So, if you have been thinking about putting your house on the market, don’t wait until spring.

Contact Sandra Nickel and her Hat Team of Professional Realtors at 334-834-1500 and get your house listed and sold this Fall!

Steps for Maintaining Your Historic Home

Historic homes are beautiful, and to keep them that way, it’s important to take steps to maintain their old-world charm.  Here are steps you can take to keep your old home properly protected and preserved:

KEEP UP WITH REGULAR MAINTENANCE - Routine maintenance like cleaning and painting (especially the exterior) are vital to minimizing issues that might mean costly repairs. It’s a good idea to develop a maintenance schedule and follow it as best you can.

LIMIT CHANGES - When repairs must be made, try to keep original details intact. For example, if some trim needs to replaced due to rot or infestation, only replace the parts that are damaged. This will save wood and money and help preserve the historic fabric of the house.  If you do have to replace something completely, take photos prior to removing anything so that it can be duplicated to retain the character of the home.

KEEP HISTORIC WINDOWS - If you have early twentieth century (or earlier) windows, you are going to want to keep them. They were made to be repaired, not replaced.  It is possible to make old windows more energy efficient.  Save Big Bucks by Restoring Your Old Windows & Making Them Energy Efficient

TAKE SPECIAL CARE WITH MASONRY -  While brick and masonry are long-lasting components, they will need maintenance and eventually, repairs.  Educate yourself about proper ways to care for and repair them.  Restoration Guide: Masonry and Brick Exteriors

EMBRACE THE QUIRKS - You don’t have to “fix” everything. You can repair and stabilize structural damage while keeping elements that show how your home has aged over the generations.

KEEP HISTORIC INTERIOR FEATURES - While you will surely want to update some aspects of your home, try to hang on to the charming features that make it unique. Things like transoms, paneled doors, moldings and such are features that make your home special.

KEEP PLASTER WALLS - Plaster is a remarkable material that is superior to modern day drywall.  In recent years, preservation contractors have discovered the Benefits of Preserving Plaster Walls. Damaged plaster walls can be repaired, and if necessary, only replace the damaged portions.

CHERISH THOSE OLD HARDWOOD FLOORS - Retaining the old floors in a historic house requires special care.  Be careful not to over-sand them, destroying the antique character in the process. Old floors were hand-planed, and hand-sanding is the best way to maintain their character.  Taking Care of Your Wood Floors

The most important step you can take to maintain your historic home is to educate yourself. Lots of information can be found online and there are Old House Specialists that can help you! Also be sure to check out these regulations for historic homes in Montgomery AL: Historic Designation and the Architectural Review Process

If you are interested in purchasing a historic home in Montgomery, AL let Sandra Nickel and her Hat Team of Professionals assist you with your search.  Call them today at 334-834-1500!

Midtown Montgomery Market Update

Is Buying a Home Really More Stressful Than Planning a Wedding?

  • According to a new survey from Open Listings, 62% of Americans ages 25-54 believe that buying a home is more stressful than planning a wedding.
  • Many young couples are saving for a wedding and a home at the same time.
  • The average US wedding now costs 66% of a median home down payment, according to The Knot.

From the KCM Crew for Buyers

Midtown Montgomery Market Update

Midtown Montgomery real estate sales statistics for August 2018 show the number of homes sold fell by 5.4% when compared to August 2017.  The average sales price increased by 20.2%, and the median sales price decreased by 27.4%. Market times fell by 19 days.

Midtown Montgomery August 2018   August 2017
Homes Sold 35 37
Average Selling Price $173,962 $138,795
Median Selling Price $99,500 $137,000
Days On The Market 104 123
Highest Selling Price $850,000 $375,000
Lowest Selling Price $12,000 $9,000


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.

   cdpe    crsHat Lady on Zillow