Michelle's Outlook Residential Market Update for December

Michelle's December market update for Outlook residential properties:

December 2013

1 Sold Properties - original list prices:  $264,000

3 New Listings (has not been previously listed in the past year):  $91,900 - $387,500

vs. November 2013

4 Sold Properties -  original list prices:  $39,600 - $164,700

0 New Listings (has not been previously listed in the past year): $0

Comparison from November to December shows us that people are starting to put their homes on the market again.  I would suspect this trend will continue to grow in January.  As for sales I think we can expect a few more in January as well.

Overview:  The house that sold in December was new to the market.  By reviewing the listing I can see that it was well maintained, has a lot of square footage, finished basement, double attached garage, and a lot of other great features which made it a move in ready home.  All these features come in to play for a quick sale.  The other feature that made this home unique is that it's wheelchair accessible and to the right buyer that feature can make it the perfect home.  Sometimes as sellers you might wonder why did that house sell and not mine?.... sometimes it is as simple as it had a feature that was important or necessary to a specific buyer.

Currently listed in Outlook we have 24 homes for sale and 27 including vacant lots and nearby acreages.  I'm happy to report that this is an increase in the selling market.  One thing to remember sellers is that as the properties for sale increases there will also be more competition so make sure your home shows its best.  This can be a good thing as well as a bad thing.  The bad side obviously that you have more competition, and the good side being that this can bring in more buyers and sometimes buyers that weren't initially interested in your property but decide to take a look.... and well... you never know :)

To make sure your property shows its best visit my page: http://outlookhomes.ca/Sellers/Preparing-Your-Home-To-Sell  where you can find tips on how to prepare your home.  Remember that you want to put yourself in the mind of a buyer.  Think about if you are buying a home, what do you want to see, what would you like to see?

 Please Note:  This data and information is gathered by me using MLS® and only includes properties listed on MLS®.