Early Bird Gets the House
555 homes sold in Ada County in March 2013 showing an increase of 4.3% over the same time last year. Average days on the market was only 67 days! Will this motivate more homeowners to sell their homes? Median home price was up a whopping 22% for existing homes. The local market is improving with each passing month. With all these statistics supporting the fact that it is a great time to sell your home.
Distressed home sales, those that are bank owned and shorts sales, made up only 18% of total sales in March 2013. That is down 5% from March 2012. We are seeing less percentage of distressed sales than previous years. With those killer deals becoming fewer and far between, property owners could potentially sell their homes faster when they are not competing with really low priced homes.
Inventory is low and the market is bouncing back but not at crazy, expensive...