Everyone selling a home in Farragut or Knoxville wants to get the best price for their house. Way back in high school we learned in Econ, that the best price for any item will be determined by the demand for that item relative to the supply of that item.
If you’ve read my previous articles you know that the inventory of houses for sale in Farragut is well below normal numbers.
There is also historical evidence which shows us that the demand for housing is about to increase dramatically. Every year, more homes sell in May, June, July and August than any other four months of the year. Here is a graph of home sales last year by month:
What does this mean for you?
If you are selling a home in Farragut and want to get the highest price and you want to sell it in the fastest time possible, it’s important to be on the market when the largest buyer pool is available. We know from the graph above, that historically this happens in the next few months. The combination of low inventory levels and the increased demand in the coming months make this the perfect time to get your Farragut home on the market. Waiting too long could cost you time and money. Call me, Troy Stavros with Gables & Gates, REALTORS at 865-999-0925 today to discuss your goals, and so we can begin formulating a plan. I can have my free home staging specialist meeting with you within days and we can have you on the market shortly after. Don’t miss this great opportunity!
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