Here is some good information for home owners in Sandy, Oregon that might be considering selling. The local Sandy real estate market has had low inventory for quite a while. If you have an entry level home to sell, be prepared for a quick sale! As you can see by the local February 2018 stats, provided by First American Title for the local Sandy area, homes in the lower price points are moving quickly. The higher price point properties are a little longer on the market. A home over $425,000 can be on the market almost twice the amount of days, as a lower price point home.
Our overall median list price is $449,000 for the area. And the market gives sellers a slight advantage. If you have been considering “moving up”, you may want to consider your next move, before interest rate increase and while homes sales prices are strong. Spring and summer also are the busiest months for home sales and purchases, so as we unthaw you may want to consider taking some action.
How to consider your options:
I am always happy to prepare a comparative market analysis for your home. This can give you an idea of what your home might be worth and if it is a good time to consider upgrading to a new home or moving locations.
Dream big, buy smart!