Robertson County Real Estate Market Update for March 2013
Just like in the previous months, March was no different, things continue to look up for the local real estate market.
For the first quarter of 2013, sales are UP roughly 9% over the first quarter of 2012 and 47% over the first quarter of 2011.
Along with sales, average sales prices are up 8.25% over the same period last year.
Average Days on the Market (DOM) are down 17 Days, now with an average of 94 Days. That's 2 1/2 weeks less time that a house is on the market before receiving an offer. Why is this so important? That's half a mortgage payment and more money in your pocket if you are a seller.
March '13 to March '12 comparisons look good as well.
Sales are up 13.5%, prices up 10% and DOM down 15 days.
If you are thinking about selling your home and not sure what it's worth in today's market,