If you need a thorough local market report, our Market Snapshot tool can provide you one in no time at all. Here’s how.
Buying in Southeast Michigan? Perform a full home search
Selling in Southeast Michigan? Get a free Home Price Evaluation
Today I want to tell you about a great online tool we offer all our clients called the Market Snapshot. You can check out the Market Snapshot tool here. Using it is easy, and it provides you with a quick and comprehensive report of your local market conditions.
To use it, all you have to do is fill in some of your information (phone number, email address, etc.) and declare whether you’re a buyer or seller. Most of our clients who are looking to sell their homes use this to get a sense of what’s selling in their current neighborhood. If that’s the case for you, your next step will be to fill in your home’s details and then click the ‘get free report’ button.
“
”
This tool gives you a great sense of what’s happening in your area.
”
You’ll then receive an email notification shortly afterward. This email provides you the link to your report. In that report, you can see the average asking price in your neighborhood, the average list-to-sale price, the average days on market, and the level of inventory. Below those statistics, you can browse other comparable properties that have sold in your area.
Another cool feature this report has is an overhead, satellite-image map that lets you see the locations of new listings, current inventory, sold properties, properties under contract, and expired listings. For your convenience, each category is color-coded. The map also lets you zoom in and out, and you can click on any of the colored properties for more details.
If you have any questions or are interested in getting a local market report and need assistance utilizing this tool, feel free to give me a shout. I’d be happy to help!
