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June Market Update
Sales in May were down 15% to 210 single-family sales. May 2022 was the last time we saw a year-over-year sales increase. Surprisingly, new construction sales were up 52%, while existing sales were down over 24%. Year-to-date, sales are down 21% compared to 2022 and 24% compared to 2019, the last normal year prior to…
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Home Maintenance Tips to Protect Your Homes Value.
Maintaining your home’s value is not just about ensuring its aesthetic appeal; it’s also about preserving the structural integrity and functionality of your property. Regular home maintenance plays a crucial role in safeguarding your investment and maximizing its long-term value. In this article, we will discuss three essential home maintenance tips that can help you…
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May Market Udpate
Unsurprisingly, based on the number of pending (homes under contract) listings in the previous months of 2023, single-family home sales in Boone County were down 31% to 138 homes compared to April 2023. Sales in the City of Columbia were down over 40% from last year to just 83 sales. Sales for April haven’t been…
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What experience should your listing agent have?
Selling a home is a complex and challenging process, which is why it’s important to choose the right listing agent to guide you through it. While there are many qualities to look for in a realtor, two of the most important are hands-on construction experience and negotiation experience. Here are five reasons why: In conclusion,…
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March Market Update
Price increases eased a bit last month by -.43% to $321,604 for the average sold price, but the median price increased by 4% to $286,000. In Columbia, both the median and average prices declined, with the median down 2% to $286,250 and the average down 7% to $318,700. Although overall prices might be slowing, Boone…