You’ll all be glad to hear that the real estate market is seeing a boom right now, and the buyer’s market that we had seen for so long is now disappearing.
We’re even beginning to see multiple offers on properties, and the list to sale price ratio has increased and it now sits at 98.6% of the asking price.
Some of the other indicators that our market is performing well are the fact that 3,200 homes sold and there is only a 5 month supply of homes on the market.
If you’re looking to sell your home, now is a fantastic time to do so. Homes are selling for high prices, and buyer demand is high, so you have a good chance to have a profitable sale.
As for buyers, we urge you to buy soon before home prices rise. Interest rates are incredibly low right now, so you have a wonderful opportunity to buy an affordable home.
If you need any assistance buying or selling in Augusta, please don’t hesitate to contact me!