We've mentioned how the $8,000 tax credit is moving the market, and the statistics for the month of June make this abundantly clear.
Sales of Dane County single family homes in the under $200,000 price category increased by 25% from June of 2008. The flip side is sales for homes priced $200,000 and above decreased by 23%.
This table shows how the number of single family home sales has changed for more specific price categories.
The change in sales for homes $400,000 and up show how competitive the market has become in the higher price ranges, where buyers are relatively scarce. If you're selling such a home, and you absolutely need to get your home sold, now is the time to review your marketing and pricing with your Realtor to make sure everything about your plan is where it needs to be.
Have a good weekend,
Dan Miller, Keller Williams Realty and DaneCountyMarket.com
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