Gap Narrows Between Listing, Closing Prices Nationwide

Jupiter, FL (PRWEB) May 14, 2013

More good news is in store for homeowners. According to a new report by ZipRealty, an online firm that provides housing data, the average U.S. home for sale got 98.3 percent of its listed price at closing and increase of 97.1 percent from the previous year.

The data compared December 2012 numbers the latest month for which figures are available to numbers from December 2011. The good news continues in that not only is the gap in the dollar figures of listing and selling prices closing in, those homes are selling faster. In its study, ZipRealty found the median day a home was on the market decreased to a little more than one month — 44 days — in 2012. That is down 23 percent from the median 57 days a home stayed on the market in 2011.

The CEO of ZipRealty, Lanny Baker, said the fortunate trend is undergoing a crescendo right now because of the relatively low number of homes for sale in Jupiter and other desirable municipalities across the country, as well as the unusually low rates on fixed home mortgages.

Homesellers are benefiting from the trend, for sure, and homebuyers are getting boost, too. While homebuyers might be spending more on, for example, Admirals Cove homes for sale than in previous years when the market was depressed, they can trust their real-estate investment is safe and sound.

Waterfront Properties and Club Communities, a licensed brokerage and concierge real-estate firm based in Jupiter, can help homesellers market the biggest asset they own and find the right buyer at the right price. Waterfront Properties and Club Communities Realtors specialize in northern Palm Beach County and southern Martin County single-family-home and condominium sales, both on the water and in golf-course communities.

For information about listing a home for sale with the top boutique agency in the Jupiter area, call Rob Thomson at 561-746-7272.

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