Hey neighbor!

I'm glad to see you're interested in the market update for Irving Park Village. As I once used to live in this neighborhood, it holds a special place in my heart and I love to take care of clients selling their homes here or moving in.

If you're anything like me, real estate information on the news can be quite overwhelming. So I'd love to give you a short run down of what's happening LOCALLY so you can understand how it affects you.

We had a brief slow down in the fall and early winter with the increase of mortgage interest rates and people slowing down on looking for a new home. However, the spring market has already happened upon us QUICKLY and it still is very much a sellers market in Greensboro. This is because we are still struggling with a major lack of inventory - not enough homes to sell for buyers that are looking.

What does this mean for you as a homeowner? Should you be interested in selling, demand is still strong for your home - especially with the price points of Irving Park Village. The average home in your neighborhood is under contract in less than a week and if priced right, for above the asking price. (In the last 6 months, the average sales price for single family homes was $314,000 and townhomes $204,000.)

Even if you're not interested in selling right now, it's always good to keep a pulse on the market in your neighborhood. If you take anything away from this, I hope you know that you made a great investment by purchasing in Irving Park Village!

If you would like to know more information about the market, have questions about selling your home, or are worried about selling your home and buying a new one at the same time, please reach out to me with no obligation! My email is [email protected] or you can reach me by call or text at 336-207-2966.