Market Hints that Today’s Auburn Lewiston Maine Real Estate Sellers Need to Know!

Because of my experience in the local Androscoggin County market it’s obvious to me the current conditions that are effecting a seller’s ability to sell their property. Understand your competition, the other properties on the market in your area and price range is critical to a home seller’s success in our area. Additionally staging a home in this market is very important. The fewer buyers in the market today are shopping for the best value in the best condition for their price range and location. Helping sellers understand this is what I feel I do best! I compile MLS data that helps a sellers understand their local market in a simple way. How many properties are they competing with in Auburn in their price range? How many properties have sold int he last 6 months in Auburn in their price range? How long on average did it take for those homes to sell? How many homes are selling a month and how many months inventory is there? On average, at what percentage of the list price did recent homes sell. How many more days have current homes been on the market than the properties that have sold. This one piece of information often reveals to home sellers why properties aren’t selling. If you’re thinking of selling a home in the Central Maine area, please contact me and I’d be happy to discuss your market’s data!

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