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Sellers Willing to Cut Prices but Find No Need

Nearly 70% of home sellers say they'd accept a purchase price lower than they desire in order to sell their home during the coronavirus pandemic, according to a new survey of about 1,000 home sellers from LendingTree. But, the same survey reveals, they may not need to.

So far, home prices have largely stood firm in the face of the pandemic. The National Association of REALTORS® reported that median existing‑home prices for all housing types in April was up 7.4% from a year ago. Home prices in every major region of the U.S. saw annual increases in April as well.

Source: National Association of Realtors, Realtor Magazine.

Ready to Buy or Sell in Bucks County?

Before you list your home for sale, call the John McClintock Team at 267‑759‑9518 for no obligation recommendations on pricing and an overview of our comprehensive marketing package that includes, home staging, brokers' open house, virtual tour, video tour and social media sharing.

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Information is deemed reliable but not guaranteed.