When Should You Sell Your House in Lewiston-Auburn?
Are you planning to sell your house in Lewiston-Auburn—but not sure if this is the best time? We can help!
Since 2012, we’ve tracked house-sales statistics in the Lewiston-Auburn area in an especially in-depth way. This helps us offer you detailed “intel” regarding the very best time to list, market, and sell your house here.
Before we delve into the stats, here’s a MAJOR “take-away” we’ve gotten from the stats: It’s that Lewiston-Auburn—unlike Portland—offers a house-selling environment that is more gradual but also more reliable. That means you enjoy the perfect blend of market stability and affordability.
Highlights of Today’s Lewiston-Auburn: “Sell Your House” Statistics
So, what do the stats reveal? Good news, that’s what! Whereas the number of houses sold in Lewiston-Auburn in 2012 was 414 … and 442 in 2013 … that number catapulted to 618 in 2016 and to 613 in 2017, with 2018 tracking at a similarly high level.
And because the demand for houses in Lewiston-Auburn has been so consistently strong, the median price you’ll likely get has shot up more than 10 percent in just 5 years.
What Else Do You Need to Know?
As house-selling experts, we look at these statistics and see other key insights you can take away. Chief among them are:
- Even within a relatively small local market, there are sub-markets. So it’s very important for you to meet with a broker familiar with this specific area;
- Given that the median price of a house in Lewiston-Auburn is trending upward, the next few months will be a very favorable time to list your house;
- Economic and social trends in the Lewiston-Auburn area are unusually favorable now, so there’s never been a better time to move vertically upward or to down-size in this specific market.
For more information and/or advice on selling your house in Maine, call Jon Mercier of Maine Source Homes & Realty at (207) 333-6001 for your free, expert market analysis.
NOTE: All statistics presented in this blog were researched by Jon Mercier of Maine Source Homes & Realty from Matrix, the Maine Listing Service of MREIS (Maine Real Estate Information System Inc.)
ABOUT MAINE SOURCE HOMES & REALTY
MAINE SOURCE HOMES & REALTY is dedicated to helping you find your perfect home-ownership solution. Whether you wish to buy, sell, or build a home, Maine Source Homes & Realty invites you to benefit from our 46 years of trustworthy experience and expertise.