Yvette Belisle

Yvette Belisle

Associate Broker 17864 English
2213 E Tudor Road, Area 51 Anchorage AK 99507
(907) 868-2811

Buyer Demand Driving Up Listing Prices Across The Country

By Yvette Belisle - August 12, 2020

The current real estate market is an excellent example of the law of supply in demand. After a period of slowed activity due to COVID-19, buyers have emerged strong and ready to buy, but the lack of inventory is creating serious demand for properties—and driving up prices in the process.

According to realtor.com’s July Monthly Housing Trends report, the national median listing price in the United States is now $349,000. That’s an 8.5 percent increase year-over-year—and the highest listing price on record.

The Takeaway:

So, what does that mean for you? With listing prices at an all-time high, if you’re thinking about selling your home, now is the great time to make a move, take advantage of the buyer demand, and fetch top dollar for your property.

 
 
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