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Year-Over-Year Price Appreciation Reaches Double Digits in 5 Price Categories

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Year-Over-Year Price Appreciation Reaches Double Digits in 5 Price Categories | Simplifying The Market

The National Association of Realtors’ most recent

Homes under $100,000 were the only group to show negative appreciation of sales at -2.4%. This not only points to the lower inventory of homes available for sale in this price range but also speaks to the overall strength of the housing market.

What does that mean to you if you are selling?

Houses are definitely selling. If your house has been on the market for any length of time and has not yet sold, perhaps it is time to sit down with your agent to see if it is priced appropriately to compete in today’s market.

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