With so many homeowners sitting on the fence about listing their properties, now is the perfect time to jump on board and list your home. There are so many people waiting for this pandemic to be completely gone before they list that those buying homes are stuck with very little product and inventory. This is great news for sellers. If you wait until this is over and then list your property, you and 59,000 other people are going to be listing as well and your home will get pushed aside or you’ll have to lower the price to compete.
If you want the most from the sale of your home and have the least competition, don’t wait to sell – now is the time to list.
Buyers are still out there in full force and even though some may want to wait until all of the restrictions are lifted, some still need to buy and they know that serious sellers are the ones that are out there right now.
For the entire central Indiana real estate market, there is a strong and steady year over year appreciation for investment properties. Last year was a record-breaking year for the entire real estate market of Indiana and the median sales price saw a year-over-year increase of nearly 10% and has been on the rise since the beginning of 2020 regardless of the current climate. Demand is still outpacing the supply and because new construction is slow right now, the competition for quality homes remains tough so it’s a perfect storm for homeowners wanting to sell.
People are also moving to the central Indiana area. We have the highest job growth in the Midwest, we are ranked #1 is the most affordable place to own real estate by Forbes Magazine, and we have a three-year appreciation forecast of 10.3%. All of this makes a perfect combination for those looking to sell to make a decent profit.
Contact our agents below to find out what your home is worth, how quickly it could sell in today’s market, and how we can provide a safe environment for buyers, sellers, and all vendors affiliated with the real estate transaction.