It’s considered to be a buyer’s market, generally speaking, when there is more than 6 months of inventory on market. At the moment, there is closer to 13 months of inventory.
In this kind of market, my advice to sellers is to get creative and flexible, and neutralize the objections – that is if you’re really interested in selling now.
Take this home….I would say that the dated exterior color showcases the late 80’s influence of when it was built, which is not exactly on the top of the list of “must haves” by today’s buyers…and boy they’re tough, because they can be!
29 OLD STONE BRIDGE RD – COS COB – 1,585,000
The interior has been altered since it first began it’s listing journey. It started in March 2017 at 1,950,000 with lots of wallpaper and dark cabinets. Now it’s freshened and semi staged, and appeals to today’s buyer.
Located in a beautiful association (therefore generally consistent values), this home is a great home for the price. It sits on a little hill, and there’s a nice privately sited pool in the back…
With a more relevant and timeless color, this home would take on a whole new feeling!
Buyer’s use your imagination, and don’t pass on a great home just because of something that is easily remedied…OPEN HOUSE THIS SUNDAY FROM 1 – 3PM.