May
2019 $270,000
May 2020 $274,900
May 2021 $333,250
May 2022 $387,000
May 2023 $380,000
Note:
Medium Price of a home in Merced Peaked in July 2022 at
$410,000 Note:
Medium Price of a home bottomed out in December 2022 at
$310,000 In
Short, Market continues to recover! only $30,000 shy of
its peak in July 2022 (last 5 years)
Days
to sell a house in Merced
As of June 2023
May
2019 35
May 2020 14
May 2021 8
May 2022 10
May 2023 19
Note:
Lowest amount of days to sell a house last 5 years is Sept
2021 at 7 days Note:
Most amount of days to sell a house last 5 years was March
2019 at 61 Low
inventory is driving hot market, clearly a seller's market
Active
number of houses for sale in Merced
As of June 2023
May
2019 299
May 2020 232
May 2021 88
May 2022 176
May 2023 104
Note:
Most homes for sale in any month last 5 years was April
2019 at 314 Note:
Fewest amount of homes for sale in any month last 5 years
was December 2021 at 85 In
Short, Low Inventory = Seller's market
It’s
no accident that since 1989 Andy Krotik has sold over 300 million
in real estate, more than any other Realtor in Merced County in
that time!
Anybody
can put a for sale sign in your yard, but here is how Team Krotik
does it!
Advanced
Marketing Strategies
•
Professional Property Staging where possible
• Professional Photos
• Specific property web sites
• Drone Videos where appropriate
• Aggressive Social Media Campaign
• Open House Blitz
• Live Facebook Videos
• Targeted Mail Out Campaign
• Broker Co Op Campaign’s
• Targeted Email Campaigns
• Targeted buyer Campaign’s
Almost all homes can
be made more appealing: Therefore, more marketable.
Using the following checklist, which has been compiled by years
of experience, you can prepare your home to help us get you "TOP
Dollar"
Imedia
West