Two weeks ago, one of The Carolyn Homes Team’s latest listings, a 3-bedroom, 4-bathroom, 3,019 square foot townhome in Chevy Chase, D.C. sold for a staggering $252,000 over list price, representing a record-high sale for the community. Within 24 hours of listing the home, our sellers received four offers, and ratified an all-cash contract at 18.6% above the list price (and a 7-day closing, to boot!)
How did our sellers achieve such tremendous results? Of course, the lack of inventory in the D.C. area market is a factor, but even more important is that the home was properly prepared for the market and was presented in its very best light!
Prior to going on the market, The Carolyn Homes Team recommended a number of pre-market investments including minor repairs, painting, staging, and more, and managed the process with our turn-key concierge service. This allowed buyers to immediately envision themselves in the home and justify paying top-dollar, versus calculating all the small repairs and updates the home would need, ultimately decreasing what they are willing to pay for the home.
Despite a shifting real estate market and fluctuating interest rates, now is a wonderful time to sell in the D.C. Area Market due to historically low inventory and the highly desirable location of your community. We have a variety of buyers looking to purchase with minimal supply.
Whether you are considering selling now, in the near future, or would simply like to learn more about the value of your home and the local market, we would love to have a personal and confidential conversation with you. The “Spring Market” is already underway in our area, and buyer demand is extremely high.
If you are interested in learning more, please do not hesitate to reach out. We also welcome your referrals to friends, family, and neighbors looking to sell for top-dollar.
