What is my home value when inventory is low?

Determining Home Values

Many of my clients have had several questions and comments about the current market in Pittsburgh.  Over the past few months, the inventory available in our city and suburbs has been rather low. Basically, there are not a lot of homes on the market, but a good amount of buyers that are looking. 

With this type of market condition, sellers are seeing close to, if not full price offers on their homes shortly after being listed on the market. Now, of course, this depends on the area and list price being within reason of the full market value of the home and not too high over market value. 

I’ve had several clients contact me recently for a free Comparative Market Analysis (CMA) on their home so in the event they decide to list their home, they are aware of the amount. If you would like a CMA for your home, please contact me to get started. During our appointment, I will also go over some upgrades and/or small changes that will make your home more marketable in the event you list it for sale.