During the past few years, the real estate market in East Tennessee has been a whirlwind ride. Much of this had to do with the influx of residents moving to our area during and after the COVID-19 pandemic. It was never really a secret that East Tennessee is a wonderful place to call home!
You may have heard that the market has changed a little, but just what does that mean for would-be sellers who are wondering, “Is now a good time to sell a house?”
The answer to that question is a resounding YES! When we look at our local trends, strong buyer demand is still pushing prices up in our area.
We are still in an atmosphere of multiple offers and quick sales. This means that sellers can really get the most out of their home if they sell. It is still a sellers’ market.
As a would-be seller, you might be wondering what your home is worth in the current market. There are a lot of factors that affect your home’s value, and we advise against placing your trust in a computer-generated system like a Zillow Zestimate.
Every home is unique. For the most thorough understanding of what your home is worth, it’s best to reach out to a professional who can ask you questions and even view your home to establish the right asking price.
Wallace Real Estate agents have a lot of education and expertise in pricing homes all across east Tennessee. When you work with a Wallace real estate professional, you’ll have a trusted local guide to help you through each part of the process. Contact us today!
