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Hey everyone, thanks for joining us again. As you can see from the graphic in the video above, our market is up on a national level, which is great news for everybody. We are seeing home sales go up by double digits in the West, Midwest, and South regions of the country. However, the Northeast is only up 1.6% and home prices are down by 1.6%. So, what's happening in Syracuse? Well, since the bottom of the market in 2011-2012, Syracuse is only up 2.5%, which is not a lot. What does this mean for buyers and sellers? For sellers, it means they need to be aggressively marketed and aggressively priced, more so than the rest of the market, otherwise your home could sit there for a long time.
The average days on market nationally for a home is 30 days, but in Syracuse it's over 65 days. If you want to sell your home, this is the time of year to do so in our market. Homes that are properly staged, photographed, marketed, and priced will sell aggressively to the market, while homes that are casually priced and casually marketed will take much longer to sell.
So, call the agent you think has the best strategy for getting your home sold. If you'd like to hear ours, just give us a call or send us an email. We look forward to speaking with you soon!
