Beaverton is a great place to live!! And so say all the stats!
Let’s take a look at those statistics! According to the RMLS Market Action report from January 2021, the average home in Beaverton sells for $432,900. Homes sell fast with an average of 29 days on the market compared to the rest of the Portland Metro area at 40 days. Although the houses are on the market for 29 days on average, that means most houses have an accepted offer within the first week.
With interest rates remaining low and only one month of inventory in the Portland metro area, it is a hot seller’s market and that’s great news if you’re looking to sell your home right now.
If you are planning on selling and want to maximize your sales price, making a few renovations on your home could do just that. Roofing, wood flooring, HVAC, insulation and Garage door replacement are just a few places to take a look.
On the Buyers side, a little more patience is needed. Due to the high demand and low inventory, there are bidding wars going on. In fact, one home might receive over 20 offers.
I believe the key to success is being prepared and putting your best foot forward and to have open and strong communication between lender, agents, buyers and sellers.
Buyers can easily feel frustrated by making offers that are not accepted. Do not lose faith. Historically, the warmer weather inevitably brings more houses for sale in the market.
I believe the right house is out there for each of us and if at first you don’t succeed, try again of course!
Felicity Cortese is a broker with Premiere Property Group, LLC. If you would like help regarding any of your real estate needs, contact 971-754-8088 or email firstname.lastname@example.org