Midtown Montgomery Real Estate Market Trends - May 2016

Midtown Montgomery Real Estate Market Trends - May 2016


When putting a home on the market, there is a lot to consider. How will you find a REALTOR®? What should you price the home? And the big one—is the home ready to sell? Most sellers know to get rid of clutter and fix any big or obvious problems. But what else can sellers do to get top dollar for their home? The National Association of REALTORS has identified some staging tips for various rooms in a home. After all, NAR research shows that 81 percent of buyers believe it is easier for them to picture themselves in a home when it’s staged. To appeal to those buyers, NAR recommends scrubbing the fireplace, focusing on symmetry in decoration, packing up dishes that don’t match your main set in your cupboards, making the extra bedroom a fun activity room to showcase other functions (like a sewing room or office), and keeping all closets as empty as possible.

Check out how many local sellers were successful selling their homes in May:

Midtown Montgomery Real Estate Market Update

Midtown Montgomery real estate sales statistics for May 2016 show the number of homes sold decreased 11.36%. The average sales price increased by 26.35%. The median sales price increased by 50.65%. Market times decreased by 55 days.

Midtown Montgomery May 2016    May 2015
Homes Sold 39 44
Average Selling Price $152,841 $120,963
Median Selling Price $145,000 $96,250
Days On The Market 111 166
Highest Selling Price $360,000 $330,000
Lowest Selling Price $1 $9,999

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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