Sunday, 22 October 2017

Three numbers every current (or future) homeowner must know

Written by Posted On Tuesday, 27 June 2017 22:14
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Your Local Market Experts
Even if moving isn't in your immediate game plan, every homeowner should know the state of the local real estate market. And, if you're considering buying, selling or investing in the future, it's even more important to understand certain economic conditions and how they might impact your decision.

This boils down to knowing the following three factors about your local market: 


1. The median home price

Instead of the average home price, the median offers a better representation of the market, giving you the middle price for all homes in your area.

2. The local days on market 

The average number of days a home in your area stays on the market gives you an idea of how quickly a home might sell.

3. The months supply of inventory 

Knowing how many homes are available for purchase offers a picture into the current market climate.

Our comprehensive market analysis includes these three numbers, along with additional calculations, so together we can determine the state of the market and the true value of your home or the one you buy next.

When you're ready to buy, sell or invest in real estate, you need trusted local experts. Call us today to arrange a personalized consultation
 
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Ryan Hardin REALTOR®/BROKER SRES

Keller Williams Realty Integrity NW
BROKER
763.441.2248
612.860.6177
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Copyright 2017 Keller Williams® Realty, Inc. If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed. Equal Opportunity Housing Provider. Each office is independently owned and operated. 
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Ryan Hardin

As I licensed real estate broker in Minnesota with Partners Real Estate MN Team at Keller Williams Realty Integrity NW & KW Commercial NW.We are happy provide the full service real estate experience you are looking for.

Whether it's buying, selling or leasing residential or commercial real estate I am always here to provide the best service possible with honest direct communication.

Contact Ryan Hardin today at 612-356-2002 or 612-860-6177.

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