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Today’s housing market favors buyers!

In a competitive market with fewer buyers and more available homes, pricing your home in light of local market conditions is critical to sales success. Many factors contribute to a successful sale, but setting a competitive list price tops the list. As today’s housing market changes, understanding the local market and anticipating where prices are heading is essential to your marketing success.

Setting a list price during periods of strong sales is much easier and pricing mistakes less costly. When market prices and sales volumes are decreasing, it’s essential to evaluate local and set a competitive list price based on current home price trends. Where prices and sales volumes are decreasing, expect price reductions to remain competitive and attract buyer interest.

Today’s home buyer is armed with up-to-date market information and will shop and compare many homes before making a purchase decision — a decision based in large part on the value your home represents in today’s market. Analyze the market conditions —- a seller’s market increases your chances for success while a balanced or buyer’s market requires more aggressive pricing and exposure. Price your home right —- days on market and list price are directly related.

Free Report | Home Seller Market Pricing Tools

Sterling Residential® Realtors® Neighborhood Market Snapshots and Comparable Market Summaries illustrate price trends for previous subdivision home sales — tools for home sellers that can help them avoid a costly mistake.

When making an important real estate decision, consult the source closest to your local market. No national website can replace local market information, so go local for Houston housing market information whether planning to list for sale, considering a purchase offer, or keeping up-to-date with neighborhood values.

Request one of Sterling’s custom reports by completing the form — when your contact information is verified, the report will be transmitted by email within 2 business days. Only confirmed contacts will be receive reports. Your contact information will not be shared with any 3rd parties —- additional details regarding our “Privacy Policy” are available on this page.

• Neighborhood Market Snapshot

  Posted: 7 May 2007 by John Huval

  

  Neighborhood Market Snapshot Reports illustrate subdivision price trends for current and prior sales years. The summary report also includes statistics for current active, and pending listings, inventory calculations, and graphical illustration of the average sales price per square foot by calendar quarter for the past 3 years.

  Follow the link to our convenient information request form and we’ll email the report directly to your inbox in a printable PDF format.

• Comparable Sales Summary

  Posted: 7 May 2007 by John Huval

  

  Comparable Neighborhood Sales Summary Reports illustrate current market values by examining closed sales for similar homes in your subdivision. The report also includes statistics for current active listings, pending sales, inventory calculations, sales price per square foot, and a price range analysis based on low, high, and average square-foot sales prices.

  Follow the link to our convenient information request form and we’ll email the report directly to your inbox in a printable PDF format.