Sage Realty LLC Announces Rising Prices for Real Estate and Homes for Sale in Wayne, PA
Wayne, Pennsylvania – June, 2016 – Spring has notoriously been a time of high real estate market activity. Sage Realty LLC has announced that in March, homeowners sold their homes for an average of $30,000 more than they purchased for. The news constitutes the highest price gain, 17 percent, since December 2007.
The National Association of Realtors®(NAR), recently announced home prices increased in 87 percent of measured markets compared to last year. Sellers in the east have experienced the highest gains in areas like: Philadelphia (up 29 percent), Rockford, Illinois (up 22 percent), Jacksonville, Florida (up 22 percent) and Cincinnati, Ohio (up 19 percent) Source: RealtyTrac.
Homes for sale in Wayne, PA and the surrounding areas continue to rise in price and move quickly. According to preliminary reports from Realtor.com, May saw the market continue its current thriving conditions. Homes are moving faster than ever since the market’s recovery, and housing prices continue to soar, allowing sellers to get more on their home sales. With the current shortage of homes for sale, Tom Salomone, NAR President, recommends “buyers will need to remain in close communication with a Realtor® this spring and be prepared to act fast when a home in their price range comes along.”
The team at Sage Realty LLC specializes in representing buyers. In the current market climate, an experienced buyers’ agent is essential because a Buyer’s agent makes it a mission to look out for the best interest of the buyer. In a seller’s market, this can make a huge difference. Sage Realty LLC uses a combination of ethics, education and experience to make sure buyers are safeguarded while getting the best deal possible.
For more information about the current market conditions for sellers and buyers on the Main Line, including Wayne and surrounding areas, contact the team at Sage Realty LLC.
About Sage Realty LLC
Sage Realty LLC is a boutique real estate firm founded by Linda Walters. With decades of experience, and holding certifications as specialists in luxury homes and buyer issues in real estate, Sage Realty LLC is a strong partner in the home buying process. Sage Realtors are dedicated to helping their clients find their dream homes on the Main Line, PA and surrounding areas.
For more information about homes for sale in Wayne, PA, please visit www.findahomeinpa.com or call (610) 687-4000.
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