Goddard, KS Market Update - June - It's Selling Season!

It's June! Kids are out of school and buyers are in a frenzy to find a home before school starts back! Is this the right time to sell? Here's the current Goddard stats!

Active - These homes are currently for sale in Goddard and would be your competition:

41 Homes - Priced from $89,000 to $550,000. The Average days on market is 178 days (nearly 6 months). Part of this is due to the large number of new construction homes in the marketplace.

Pending - 16 homes are under contract, waiting to close! These took an average of 138 days to get a contract. They were priced from $69,900 to $199,000.

Sold - These homes sold in the last 3 months.

43 homes - from $87,000 to $365,000 with an average of 35 days on the market. 21 of these were new homes build just for the buyer. When these are removed from the stats, the days on market go up to 60 (2 months).

What can you take away from this?

Look at the price ranges on each - the higher end homes are sitting on the market. Nothing is under contract over 199k, and nothing lately has sold over 365k. If you're above that range, you may have a long wait.

The largest factor to consider when selling in Goddard is the proximity and abundance of brand new homes available to buyers. That's the competition that is harder to compete with. But you can do it! After all, you've got a yard, and they don't, and you likely have lower or no specials!

The 2nd biggest factor is simply gas prices. Commuting rates are going down and bedroom communities are losing their attractiveness.

With the right plan in place though, you can get SOLD this summer!

To discuss your selling strategies, contact me!