4 Things That Determine Your List Price in Phoenix

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How much is your Phoenix home worth? There are 4 factors that really determine the value of your property.

1. What does inventory look like? We usually examine the market in terms of months worth of supply. Hypothetically, if there weren’t any new listings, how long would it take those homes to sell?
2. What are the average days on market? In your neighborhood, how long is it taking homes to sell on average?
3. How many active listings are in your neighborhood? Essentially, this is your competition.
4. How does your home compare to those houses? We’ll look at where you want to price your home in regards to days on the market. 

These are what to look at to sell your home for more money in less time. If you’re thinking about selling your home, give us a call and we’d be happy to give you a value that your home would sell for. Give us a call!