Brittany Henricks Main Key Realty

Things That CAN Help Sell But Usually Don't Add Dollar-for-Dollar Value

❌ Swimming pools
❌ Expensive wallpaper or décor
❌ Luxury appliances alone
❌ Hot tubs
❌ Highly personalized finishes
❌ Over-improving compared with neighboring homes

Biggest Mistake Sellers Make:
Spending $50,000 on cosmetic updates when the market only supports a $20,000 increase.

Before spending money, ask:
1.Will buyers in my area pay more for this?
2.Do nearby comparable homes have this feature?
3.Would my money be better spent on repairs or adding square footage?

Unsure about it? Let’s talk about it !

[email protected]
Www.mainkey.net
314.753.8111
636.937.7727

U.S. existing-home sales edged up 0.2% from the previous month to a seasonally adjusted annual rate of 4.02 million, according to the National Association of REALTORS® (NAR). Sales remained unchanged year-over-year. Regionally, existing-home sales rose in the Midwest and South, were flat in the Northeast, and declined in the West. Year-over-year, sales increased in the South, held steady in the West, and fell in the Northeast and Midwest.

New listings decreased 3.7% for residential homes and 13.1% for townhouse/condo homes. Pending sales decreased 0.8% for residential homes and 7.7% for townhouse/condo homes. Inventory increased 8.7% for residential homes and 7.6% for townhouse/condo homes.

Median sales price increased 7.4% to $343,800 for residential homes, but decreased 6.1% to $243,200 for townhouse/condo homes. Days on market decreased 3.7% for residential homes but increased 5.9% for townhouse/condo homes. Months supply of inventory increased 9.1% for residential homes and 15.6% for townhouse/condo homes.

National inventory climbed 5.8% month-over-month and 1.4% year-over-year, with approximately 1.47 million properties listed for sale heading into May, NAR reported. At the current sales pace, that represents a 4.4-month supply, reflecting a modest improvement in inventory conditions compared to a year earlier. Homes spent a median of 32 days on the market, down from 41 days the previous month, while the median existing-home price increased to $417,700, up 0.9% from a year ago.