Helping You Sell A Home in Idaho Falls ID
Whether you're relocating to another city or staying in Idaho Falls but planning to upgrade or downsize your home, the hot seller's market makes it a great time to make the move. As one of the most trusted real estate listing agent in Idaho Falls ID, Patrick Malone at Century 21 High Desert has the experience and local knowledge to optimize your profit when selling your home.
Q. How long does it take to sell my home in Idaho Falls ID?
Increasing Home Prices
Idaho Falls saw one of the most significant home price increases in the U.S. in 2019. According to data from Zillow, prices are increasing quickly and will continue to do so through 2020, although economic indicators do project that growth will slow a bit. The median home sale price for Idaho Falls, currently $222,900, increased 16.4% over the past 12 months and is expected to increase by another 8.2% by the end of 2020.
Idaho is the fastest-growing state in the nation and Idaho Falls is one of its fastest-growing cities, which means an influx of individuals who may be interested in paying for your property. With a limited supply of desirable homes on the market in Idaho Falls, attractive properties tend to be snapped up quickly by motivated buyers. This can result in bidding wars and a fast sale for your home, which is especially important if you are already under a contingency contract for a new home.
According to an article in the Post Register from May 2019, the average inventory of homes on the market often dipped below 200, with the tightest competition for homes priced at less than $150,000. Most homes receive multiple offers during their first day on the market, with nearly 100% of inventory selling within just a month. Industry experts expect the Idaho Falls housing shortage to last for 12 to 18 months, which means it's the ideal time to talk to a real estate listing agency in Idaho Falls ID.
Whether your priority is to sell a home in Idaho Falls quickly or you prefer to maximize profits by taking advantage of rising prices and low housing stock, Century 21 High Desert is your real estate listing agency in Idaho Falls ID. We have the expansive local knowledge to price your home correctly and showcase its most impressive features so you can make your next move. Contact Patrick Malone today to learn more about the average selling price of homes in your neighborhood and learn how a real estate agent in Idaho Falls ID can help you sell your home.
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