Spring Into a Seller’s Market

You might think spring is the best time to sell your home, but that is not necessarily true. Areas local to Manchester are currently in seller’s market conditions and have been for a few seasons now, according to the New Hampshire Board of Realtors. This is defined by the inventory of homes in each town, how many days they are on the market and the number of offers associated with each listing.

Bill Weidacher and Blakleigh Flaherty of Keller Williams Metropolitan Realty presented some great data on real estate trends for the past year on a national and local level. During the presentation Bill shared a story about nearby Goffstown, NH. As of today, there are only four residential homes listed for sale. This certainly provides a barometer for the environment of sales, prices and stipulations that sellers are able to ask for.

Bill and Blakleigh also touched upon:
• Necessity for renovations prior to sale
• Staging services
• Rightsizing (formerly known as downsizing)
• Differences in buyers by gender and generation
• How to research and chose a realtor

Automated valuation products such as Zillow are not always accurate at estimations in New England. This is due to the way homes vary in size, age and design. Working with an agent can get you the most return for the security of your future.

Contact a Senior Living Specialist at Birch Hill today to plan in tandem with your home sale.