The 2016 Havertown Spring Market Is Upon Us!
Well, its been a while since we've been here but it looks like this spring is shaping up nicely to be a Seller's Market in Havertown. Buyer numbers are high but listing inventory is low, creating a sense of urgency for buyers to act quickly on a good home when they find it. As a result, the few homes on the market are selling very quickly in Havertown and at close to asking price or even higher with our office seeing multiple offers on multiple properties within days of going on the market. Great for sellers but kind of stressful for the buyers who have to act immediately for a chance to bid on their dream home.
The average home selling price right now in Havertown is around $280,000 with an average time on the market of less than 2 months, depending on your REALTOR and their marketing plan. If you've been thinking 2016 is the perfect year to sell, you may just be right.
The key to selling and not sitting on the market comes down to the tried and true triumvirate of factors: LOCATION, PRICE, CONDITION.
If you have these 3 things going for you right now then there is a good chance that you won't be showing your home for very long before you're signing contracts to close. Keep in mind though that inflating listing prices during such a market is not necessarily a good strategy. If the buyer's mortgage appraiser doesn't agree with the inflated value, the whole sale could come to a grinding halt and set you back to square one.
Having a good REALTOR® who is well versed in the ups and downs of Haverford property values is crucial to the success of your home sale. A good agent will advise against unrealistic listing prices which may earn him or her a better commission but more than likely will just doom the listing to a life of overpriced shame and many more days on the market than anyone would like. This in turn forces those sellers to then "chase the market," usually ending up with a lower sale price than they might have gotten had they priced it realistically to begin with.
Price it like you want to sell it!
The home below went under contract in under 10 days with multiple offers and the sellers were thrilled!
Call Wagner Real Estate for more information on how to price your home to sell quickly in this market.
20 Holbrook Road
MLS# 6772784 - Residential
Havertown (Delaware), PA
Welcome to this well maintained Chatham Village single. Entering the home from the front covered porch, hardwood floors lead you into a living room w/ crown molding & formal dining room with chair rail. A surprisingly large eat-in kitchen with freshly painted cabinets & walls includes a double porcelain sink, new stainless steel refrigerator and range, tile floor and plenty of counter and cabinet space. Off the kitchen an enclosed sun porch offers further square footage 3 out of 4 seasons and gives access to a great fenced back yard with shed. From the kitchen, you'll also find interior access to the 1 car attached garage, as well as, stairs to a clean unfinished basement that includes laundry, utility and good storage. Upstairs you'll find 3 good-sized bedrooms and good closet space, as well as, a newly renovated hall bath(2015)! Further, stairs off the hallway lead to a floored, walk-up attic providing further storage. Other great features include central air, newer architectural shingle roof(2014), replacement windows throughout, basement perimeter drain system and sump, 200 amp electric service, private driveway and 1-car attached garage. A walkable location, including minutes to the high speed trolley, the Grange Estate & Park, as well as, local schools. This home offers a great value!