What are Houses Like Mine in San Antonio TX Selling For?

Home selling is not as easy as coming up with a price, posting it on a board along with a “For Sale” sign, and

sticking it on the front yard.

There are many things to do to sell the house successfully, and one of those things is coming up with a listing price.

A home for sale listed at its right market value will have more potential visits and possible buyers compared to a

home that is slightly higher in value.

Learning about your competitors will help you know your home’s advantages over them.

If you want an in-depth comparative report of homes and prices in your area, you’ll need the skill and experience of

the best REALTOR, like me, Melissa Wiggans.

I can provide you a CMA report showing the prices of comparables in your community. This will help you price

your home better.

A CMA or comparative market analysis is an

extensive list of data which will give you an idea of the current market situation,

along with information about comparables or

homes similar to yours in size, age, location, and

condition.

The following things are included in a CMA.

Active Listings – These are homes with similar

age, location, size, interior and exterior

features to yours.

Sold Properties – These are properties that

have sold in the past 12 months.

Pending Sales – These are properties that

have an agreed upon contract but have not

closed yet.

Expired Properties – These are properties

that did not sell during their listing period.

Here are three benefits you can gain from the

CMA.

The information you will learn from the CMA will help you in deciding your home’s

listing price, and whether you should sell it fast or

slow.

It can help you respond to offers sensibly. When you’ve

seen the data, you’ll know that expired listings are

homes priced too high for their market value. After

changing your listing price to its correct market value, you can easily decide which

offer to accept.

It will give you a better perspective on buyers’

behavior. It includes how many days the house was on

the market before it went under contract and then

sold. This gives you an idea when buyers are actually

willing to purchase and how much they are willing to pay

for it.

Here’s a graph showing the median price in San Antonio, TX.

Are you ready to know your home’s worth? Call me, Melissa Wiggans, at (210) 332-0310 and get a free home valuation!