what are houses like mine in san antonio tx selling for?
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What are Houses Like Mine in San Antonio TX Selling For?
Home selling is not as easy as coming up with a price, posting it on a board along with a “For Sale” sign, and
sticking it on the front yard.
There are many things to do to sell the house successfully, and one of those things is coming up with a listing price.
A home for sale listed at its right market value will have more potential visits and possible buyers compared to a
home that is slightly higher in value.
Learning about your competitors will help you know your home’s advantages over them.
If you want an in-depth comparative report of homes and prices in your area, you’ll need the skill and experience of
the best REALTOR, like me, Melissa Wiggans.
I can provide you a CMA report showing the prices of comparables in your community. This will help you price
your home better.
A CMA or comparative market analysis is an
extensive list of data which will give you an idea of the current market situation,
along with information about comparables or
homes similar to yours in size, age, location, and
condition.
The following things are included in a CMA.
Active Listings – These are homes with similar
age, location, size, interior and exterior
features to yours.
Sold Properties – These are properties that
have sold in the past 12 months.
Pending Sales – These are properties that
have an agreed upon contract but have not
closed yet.
Expired Properties – These are properties
that did not sell during their listing period.
Here are three benefits you can gain from the
CMA.
The information you will learn from the CMA will help you in deciding your home’s
listing price, and whether you should sell it fast or
slow.
It can help you respond to offers sensibly. When you’ve
seen the data, you’ll know that expired listings are
homes priced too high for their market value. After
changing your listing price to its correct market value, you can easily decide which
offer to accept.
It will give you a better perspective on buyers’
behavior. It includes how many days the house was on
the market before it went under contract and then
sold. This gives you an idea when buyers are actually
willing to purchase and how much they are willing to pay
for it.
Here’s a graph showing the median price in San Antonio, TX.
Are you ready to know your home’s worth? Call me, Melissa Wiggans, at (210) 332-0310 and get a free home valuation!