Although I am still really busy, August generally kicks off the “slow” season for real estate. With home sales slowing down, this is the best time of the year for potential sellers to be proactive in getting their home ready to be put on the market. This could mean exterior/interior touchups, replacing worn fixtures, or maybe even meeting with a realtor for suggestions. Between football season, holidays and the busy school year, real estate sales will be back on the rise before you know it. So, be ready! Despite this deceleration, sales continue to increase year to year. The following snapshot is of your local BCS market.
Snapshot of August 2013 Real Estate Market: August 2012 vs August 2013
- $63,759,360 – Total monthly sales, 15% more sales than August 2012
- $194,388 – Monthly average price of single sale, 4% higher than average in August 2012
- 328 – Individual units sold, 11% more units sold than August 2012
- 213 – Homes sold between $100,000 and $250,000, 47% more sold than in August 2012
- 61 – Homes sold between $250,000 and $500,000, 61% more than sold in August 2012
