Why Is NOW the Time to List Homes for Sale in Bryn Mawr?
Many people think that Fall is too late to list homes for sale in Bryn Mawr. This fall, the real estate market is still very active. We just posted Radnor home sales for September—25 homes were closed in September, which was the same number sold in August, and the rest of the Main Line is seeing this year’s seller’s market continue as well.
Reasons to List Homes for Sale in Bryn Mawr and other Main Line Communities This Fall
We have already mentioned the steady home sales in the area, which is very encouraging, and we have a few more good reasons to list your home this fall.
The number of homes for sale is still relatively low.
The inventory of homes for sale in Bryn Mawr, Malvern and other Main Line communities is still lower than the demand, so competition remains high for the available homes. Some homeowners have delayed because they were concerned about being able to find the right house to replace their current homes. However, if you are in a position where those concerns are less pressing, such as relocation or retiring to a vacation home, selling now is a very good idea. Some of our sellers are renting a winter home in a new location to “try out” the area for retirement. We think that is a great idea.
The market is right for upsizing.
For homeowners who are ready to buy a larger home, more homes are available to choose from. If you have a low to mid-level home and are looking to move up, you are in a perfect position to take advantage of the seller’s market for your home, and still get the best price possible on your dream home.
According to CoreLogic, prices in Pennsylvania rose only .1 percent month over month, but they are still rising. In fact, CoreLogic predicts that home costs will rise 4.3% by August of 2018. So if you are planning to buy a new upscale home, you will save money by doing so now, and get the benefit of knowing that you can sell your current home quickly and profitably.
Buyers who are looking know what they want.
In this extended seller’s market with low inventory, buyers have been forced to be ready to move quickly when they find the right house. Those who are still in the market for a home have been preapproved and are prepared to make the best offer that they can. These factors add up to shorter time on the market, quicker price negotiation, more reasonable inspection requests, and shorter closing periods.
Call Sage to List Homes for Sale in Bryn Mawr on the Main Line
Sage’s Main Line real estate agents are experienced with all aspects of selling a home and are knowledgeable about the Main Line market. Having experienced guidance selling your home can provide you with a better sales experience and a better price for your home. Call today to set up a consultation or to learn about listing homes for sale in Bryn Mawr, Devon, Malvern or any of the Main Line’s communities.