Selling Tucson Homes Fast & For Top Dollar

Buyer’s & Seller’s Markets

A Buyer’s Market A real estate market benefitting buyers more than sellers Many homes for buyers to choose from Slow to stable growth in property value Motivated sellers Incentives provided by sellers or builders

A real estate market benefitting buyers more than sellers

Many homes for buyers to choose from

Slow to stable growth in property value

Motivated sellers

Incentives provided by sellers or builders

A Seller’s Market A real estate market benefitting sellers more than buyers Less homes for buyers to choose from Stable to fast growth in property value Sellers holding out for top dollar Increased attention and action from buyers

A real estate market benefitting sellers more than buyers

Less homes for buyers to choose from

Stable to fast growth in property value

Sellers holding out for top dollar

Increased attention and action from buyers

A Transitional Market A real estate market in between a buyer’s and seller’s market. How do you know it’s a transitional market? It’s when market analyses produce conflicting results, such as: Rising appreciation on home values with rising inventory of homes Small difference in listing and selling prices, along with rising average DOM

A real estate market in between a buyer’s and seller’s market.

How do you know it’s a transitional market?

It’s when market analyses produce conflicting results, such as:

Rising appreciation on home values with rising inventory of homes

Small difference in listing and selling prices, along with rising average DOM

The Determining Factors Average Sales Price – Average price of all homes sold Average Listing Price – Average of all listing prices of those homes Difference in Average Listing Price and Sales Price – Average difference of what people list their homes for and what those homes eventually sell for Average Days on Market – Average length of time that homes are on the market until closing Inventory on Hand – How long it would take to sell all of the available homes for sale at the current rate of homes closing

Average Sales Price – Average price of all homes sold

Average Listing Price – Average of all listing prices of those homes

Difference in Average Listing Price and Sales Price – Average difference of what people list their homes for and what those homes eventually sell for

Average Days on Market – Average length of time that homes are on the market until closing

Inventory on Hand – How long it would take to sell all of the available homes for sale at the current rate of homes closing

To Win As A Seller You have to be proactive. Not only do you need to know the reasons why you want to sell your home You have to know what kind of real estate market Tucson is now Knowing the answers to those two key factors, you’ll be positioned in the market to sell in your price range and time frame.

Resources http://www.tucsonrealtors.org/statistics.html

Selling Tucson Homes Fast & For Top Dollar Buyer’s & Seller’s Markets I would love to receive your feedback on this video, so feel free to leave comments wherever you’re watching this. Please stay tuned for the next installment of this series. Subscribe to our RSS feed and bookmark this website.

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