April Market Update

June 6, 2017
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# of Closed Sales: 11

Average Days on Market for Solds: 4

Median Sales Price: $316840

# of news listings: 1

Months of Inventory Last Month: 1

For the first time in a bit I am now seeing the drastic increase in
property values come our way with each home that sells in Athmar Park.
It seems like just yesterday one could have picked up a house for under
$250K and move in and make some minor improvement and call it home. Now
we’re seeing homes with need of lots of work hitting the market at $280K
and getting multiple offers.

Cash is king and this is being seen
time and time again here. Multiple offers in the double digits and homes
only lasting days on the market before being snatched up.

Athmar
Park has so much to offer families, first time buyers and new
urbanites. You know the list, Huston Lake, bus access, great food,
awesome neighbors, diversity and the potential for equity. 

First
time buyer programs make it easier for folks to get into homeownership,
yet buyers are finding it challenging to compete with 20% down, cash and
investors. Don’t give up, timing and persistence is everything in this
market, plus an awesome agent, cough, Maria Irivarren, to help navigate
the process!