Is it a good time to sell my home?

. Hey there, homebuyers and sellers in Parkville, MD! 🏡🌇 It's Joel Latorre, your trusted REALTOR® from eXp Realty here with an exciting market update for July 2023. Let's dive in! 💪Show more

2. Good news for those looking to buy or sell in Parkville, MD! 📈 According to the latest data, we currently have a low 0.99 months supply of inventory. That means the market is moving fast, so don't wait too long to make your move! ⏳

3. Calling all sellers! 💰💼 The list to sold price percentage is at a fantastic 102.1%. This indicates that properties are fetching a higher price than the original listing price. So if you're thinking of selling, now might be a great time to maximize your return on investment! 💸

4. Attention, buyers! 📢⌛️ The median days on market is just 7 days. That's right, properties are selling like hotcakes! So if you spot your dream home, act quickly to secure it before someone else does. 🏠

5. Drumroll, please! 🥁📊 The median sold price in Parkville, MD is currently at $334,500. This figure reflects the average price at which homes are being sold in the area. It's always good to stay informed about the market value, whether you're buying or selling. 💼💰

6. Fun fact: Over the last 12 months, we've experienced a significant -43.43% decrease in the months supply of inventory. This means that the market has become even more competitive, with fewer homes available. As a buyer or seller, it's essential to understand this trend and strategize accordingly! 📉

7. Looking to make a move in Parkville, MD? 🌟✨ I'm here to help you navigate the current market trends! Whether you're a buyer or seller, let's chat about how we can make the most of these exciting opportunities together. Reach out to me today! 📞🗓️

Remember, knowledge is power when it comes to real estate. Stay informed, stay proactive, and let me be your guide in achieving your real estate goals! 🤝🔑 #ParkvilleMD #RealEstateMarketUpdate