Is now a good time to sell in Auburn?

This could be a good time to sell your home in Auburn if you price it right. While median listing prices saw a small dip recently, they are still up significantly over the past year. Homes are selling faster, too. The median listing price right now is $309,950. This is 3.1% lower than the previous month, but it’s still up 6.9% compared to the same time last year. This shows that prices have grown steadily over the last year. Homes are also selling more quickly. The median time a home spends on the market is 37 days, which is 6.3% faster than a year ago. This means that homes are attracting buyers and going under contract more swiftly. There are fewer homes available for sale than last year, with active listings down 5.3% to 72 properties. This can create more demand for your home. However, nearly 20% of homes have had their prices cut, suggesting some sellers might be overshooting on their initial asking price. If you're thinking of selling, focus on pricing your home competitively from the start to attract buyers quickly and take advantage of the faster selling times.