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March
17

Why is NOW the BEST Time to Sell Your Sunriver Home?

Best time to sell your Sunriver home

If you are thinking of selling your Sunriver home now is the time. This is one of the strongest sellers real estate markets we have ever seen in Sunriver, there is huge financial gains to sellers cashing in on the rising equities in their homes. So why is today any different than other times of being told it was a great time to sell?

The speed of today's real estate market is causing buyers to write offers sight unseen, to offer thousands of dollars above list price, to waive contract contingencies like appraisals and inspections, and to woo the seller in creative and unique ways. That is why if you are thinking at all about selling, the tremendously low inventory of homes for sale right now, along with the huge buyer demand and cash buyers, is pushing up home prices to offer opportunities for home seller's.

What is driving the current seller's real estate market?

A seller's market means that there are more buyers than there is inventory, pushing the price of real estate up.

The real estate market measures "inventory" in terms of time on the market by comparing the ratio of active listings to pending sales as of the end of the month. This ratio gives us a turnover calculation, showing how long it will take for the current inventory of homes to sell. A real estate market is deemed to be a sellers' market when there is less than 5 months of inventory.

We can't predict how long this market will continue, if you are thinking of selling your home, don't wait and miss out on the market opportunity to sell for top dollar.

What is driving this seller's market?

Increased home buyer demand due to historically low interest rates, increased demand from buyers due to economical circumstances, and low invnetory of homes pushing sales prices higher and higher.

If you would like to know what your home is worth in today's market just enter your address here on my website or call or text me at 541-815-0906 or keith@isellsunriver.com.

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