Rebecca Glazier-Jacksons Grant - April 2022

12411 N Pennsylvania Street Suite 300 | Carmel, IN 46032 Each office is independently owned and operated.

APRIL / SPRING 2022

Rebecca Glazier Founding Member Broker Associate | Neighbor

JACKSON’S GRANT

317.289.6601

E: Rebecca.Glazier@Encoresir.com W: www.LiveJacksonsGrant.com

THE #1 JACKSON’S GRANT LISTING AGENT IN 2021!

REAL ESTATE MARKET REPORT

Published by REAL Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 | ©2022

YOUR HOME DESERVES AN EXPERT Listed by Rebecca Glazier Just Minutes from Jackson’s Grant FOR SALE IN WINDSOR GROVE!

10585 Iron Horse Lane

Offered at $1,699,900 5 Beds | 5.2 Baths | 8,230 Est. Sq. Ft.

Prepared Especially for

LEONARDO AND ANGELICA WASHINGTON

Presented by Rebecca Glazier

YOU R JAC KSON’S G R ANT R EAL ESTATE SPECIALIST AN D N E I G H B O R

LEONARDO AND ANGELICA,

If you would like your home professionally marketed and featured in my publication, which is mailed to hundreds of potential buyers every month, call me at 317.289.6601. Let my marketing go to work for you!

LiveJacksonsGrant.com

L I V E J A C K S O N S G R A N T.C O M WHY IT'S CRI TI CAL TO P RICE YOUR HOU SE RIGH T

When you make a move, you want to sell your house for the highest price possible.

That might be why many homeowners are eager to list in today’s sellers’ market. After all, with record-low inventory and high buyer demand, many homes are selling for more than asking price. Data from the National Association of REALTORS® (NAR) shows 46% of homes are selling above list price today.

PRICING YOUR HOUSE RIGHT IS CRUCIAL EVEN IN A SELLERS’ MARKET

Why Pricing Your House Right Matters

The price you set for your house sends a message to potential buyers. Price it too low, and you might raise questions about your home’s condition or lead buyers to assume something is wrong with the property. Not to mention, you could leave money on the table, which decreases your future buying power if you undervalue your house.

J A C K S O N’S G R A N T

MARKET ACTIVITY J U LY • 2021

LEONARDO AND ANGELICA,

If you’re curious about your home’s current value, whether for future sale, estate planning, or any other reason, call me today at 317.289.6601. Let my marketing go to work for you!

But even in a market like we have now, working with an agent to set the right asking price is critical, as pricing it too high or too low could have a negative impact on your final sale. Here’s why.

UNDERPRICED

MARKET VALUE

Better chance of a bidding war

May need a price drop, which can raise red flags

Leaves money on the table by undervaluing your house

More likely to get an offer at or above list price

Likely to sit on the market longer

Likely to sell quickly

High price tag may deter buyers

On the other hand, price it too high, and you run the risk of deterring buyers. When that happens, you may have to do a price drop to try to re-ignite interest in your house when it sits on the market for a while. But be aware that a price drop can be seen as a red flag for some buyers who will wonder why the price was reduced and what that means about the home.

In other words, think of pricing your home as a target. Your goal is to aim directly for the center – not too high, not too low, but right at market value. Pricing your house fairly based on market conditions increases the chance you’ll have more buyers who are interested in purchasing it. That makes it more likely you’ll see a bidding war, too. When a bidding war happens, you’ll likely get an even higher final sale price. Plus, when homes are priced right, they tend to sell quickly.

Lean on a Professional’s Expertise to Price Your House Right There are several factors that go into pricing your house, and balancing them is the key. That’s why it’s important to lean on an expert real estate advisor when you’re ready to move. A local real estate advisor is knowledgeable about: • The value of homes in your neighborhood • The current demand for houses in today’s market • The condition of your house and how it affects the value SOURCE: https://www.keepingcurrentmatters.com/2022/03/07/why-its-critical-to-price-your-house-right/

1

Homes Currently Listed

Home Currently Pending

6

Homes Recently Sold

H O M E S R E C E N T LY S O L D

OVERPRICED

Decreases your future buying power

Buyers may assume something is wrong

0

BEDS

TOTAL BATHS

EST. SQ. FT.

LIST PRICE

SOLD PRICE

CLOSED DATE

1021 Domino Drive

5

5

5,717

$1,050,000

$1,105,000

04/13/22

Sold

12244 King Richard Drive

5

5

6,214

$999,999

$999,999

01/04/22

Sold

529 Elliot Creek Drive

4

4

3,670

$823,455

$823,455

12/08/21

Sold

490 Elliot Creek Drive

5

4

4,551

$955,000

$955,000

11/01/21

Sold

1232 Frenzel Parkway

6

6

5,830

$1,175,000

$1,175,000

10/15/21

Sold

12162 Ams Run

5

5

5,128

$975,000

$1,000,000

10/06/21

STATUS

ADDRESS

Sold

Rebecca Glazier and Encore Sotheby’s International Realty are not in any way affiliated with Jackson’s Grant Owners Association, nor is this in any way an official advertisement or publication of Jackson’s Grant. ©2022 All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the MIBOR MLS between October 6th, 2021 through April 15th, 2022. Listings and sales may not be those of Encore Sotheby’s International Realty. The MIBOR MLS does not guarantee the accuracy of this data, which may not reflect all the real estate activity in the area. E&OE covered. This market report is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship.

DO YO U KN OW THE C URRENT VA LUE O F YOUR HOME? Find out your home’s value and more by calling me today at 317.289.6601 or visiting me online at:

www.LiveJacksonsGrant.com

I Need More Jackson’s Grant Listings, I Sold All of Mine!

Thinking of selling your home? Jackson’s Grant homes deserve exceptional listing service, marketing savvy, and negotiation expertise that result in a successful sale. Get started today and call me at 317.289.6601 for a confidential discussion.