Real Estate Market Conditions and Pricing Your Home for Sale

Current Real Estate Market Competition
We know the Indianapolis, Indiana and surrounding areas real estate market. Our real estate agents at Kammeyer Realty Group of Fishers will provide you with average days on the market, average price of sold homes vs. homes for sale, price per square foot and more.

Value of Your Home
The correct selling price of a home is the highest price the real estate market will bear. We will provide you with a comprehensive market analysis which is divided into three categories:

• By carefully studying the comparable property locations, features, and the terms under which they are offered, we can develop a clear picture of the potential market for your property.
• By looking at the properties currently listed, we can see exactly what alternatives a serious buyer has to choose from. We can be certain that we are not under pricing the property.
• By looking at similar properties recently sold, we can see what homeowners have actually received in payment over the last few months.

Price Your Home for Sale Right
Market Value vs. Appraisal Value - Real Estate market conditions currently have set the price of your home 10% less then the appraisal. Market value is what has sold in the last six months. The true value of your home is what someone is willing to pay for your home.

List Price vs. Sales Price - Typically you will receive 97% of the list price of your home. Kammeyer Realty Group of Fishers keeps this in consideration when we price the home. In this example, our real estate agent would add 3% to the selling price to get the list price.

Key Reason a Home Does Not Sell is Price
Since you will generally have the most showing activity during the first 30-45 days, it's important to be priced competitively. Prospective buyers comparison shop and are aware of the value of available homes. If potential buyers feel the price is too high, they'll move on to the next one. Price can overcome objections to location and condition.

Contact Kammeyer Realty Group of Fishers, Indiana to find out more about our proven marketin strategy to help you sell your home.

Contact Kammeyer Realty Group for current real estate market conditions for your home.