Considering selling your home in Phoenixville, PA?
There's no time like the present!
So you’re a property owner in Phoenixville and you’re a bit anxious about selling what you’ve got. That makes sense; the real estate world is not only cutthroat, but often confusing. But with housing market values on the rise, a lot of Phoenixville homeowners are wondering, is now the time to cash out on all the hype? Will there be a sizeable profit from doing so? The answer is yes! Here are a few reasons to consider selling your home if you’ve got property in the Phoenixville area.
A Seller’s Market
The greater Philadelphia area is on the rise in recent years. People are realizing the amazing potential of not only Philly, but its surrounding neighborhoods as well. That’s what makes Phoenixville a great option for hungry home-shoppers! Phoenixville is situated in a prime location--between both Philadelphia and national parks. Here’s more good news: that valuable real estate means potential buyers are going to be fighting over your property, not the other way around. As they say, it’s a seller’s market. And for good reason, too. Now’s a fantastic time to think about selling your home in Phoenixville.
Home Sale Prices
Phoenixville market trends indicate an increase of $14,750 (5%) in median home sales over the past year. The average price per square foot for this same period rose to $161, up from $152. We don’t have to convince you that those numbers are a very good indicator that the market is on an upward trend. That means more money in your pocket when you decide to sell. You’re getting more for your home now than you were just three years ago, so why wait?
The Market is Hot
Phoenixville home values have gone up 3.7% over the past year and Zillow predicts they will rise 8.0% within the next year. What we’re trying to say here is that the outlook for the Phoenixville market is extremely optimistic, and anyone who is trying to get rid of property there will experience smooth sailing throughout the process!
Here’s a bottom line you can’t argue with. There’s only a 6.9% negative equity for homeowners (compared to national average of over 10%) - which means you'll make more money on your home than you bought it for! Who doesn’t love returns like that when they’re thinking about selling a home? Phoenixville homeowners can rest easy knowing these trends are on the rise over the next year, so it’s certainly worth considering putting your property up on the market!
We don’t think there are any better reasons to sell your Phoenixville home! The market is hot, the home sale prices and equity are looking favorable, and the future continues to represent a seller’s market. That means if you have property in the area, now is the time to think about selling!
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P.O. Box 27 Phoenixville, PA 19460