Hey there, future home sellers! Today, we’re going to dive into what’s been happening in the real estate market, especially for those of you with big houses. If your home is between 3,500 and 4,000 square feet, you’ll find this information super helpful. Let’s break it down into simple bits so you can understand how this affects you if you’re thinking about selling your home.

What’s the Deal with Big Homes in Yakima?

In the last six months, 4 homes that are as big as yours have been sold. That’s not a lot, but it’s enough to give us some interesting information. Let’s see what the numbers tell us.

Average and Median Days on Market

First up, let’s talk about the “Days on Market” (DOM). This is just a fancy way of saying how many days a house is up for sale before someone buys it. For big homes like yours, the average DOM was 34 days, but the median was only 24 days. This means while some homes sold pretty quickly, others took a bit longer, with half of the homes selling faster than 24 days and the other half taking longer.

Prices and What They Mean for You

The average selling price for these big houses was $747,000, and the median price was a bit lower at $719,500. This tells us most homes sold for around this range. Also, the price per square foot (that’s how much space you get for your money) ranged from $163.85 to $361.11. That’s a big difference and shows that some homes are more luxurious or better located than others.

How Can You Use This Info?

If you’re thinking about selling your big home, this info can help you set a good price and have realistic expectations about how long it might take to sell. Here are a few tips:

Tips for Selling Your Big Home

• Price it Right: Look at the average and median prices to help decide how much to ask for your home. You want to be competitive without underselling.
• Prepare for a Wait: With the average DOM at 34 days, your home might not sell immediately. Be prepared for it to take a little time.
• Show Off Your Space: Big homes appeal to buyers looking for space. Highlight the spaciousness and any unique features of your home in your listing.

Knowing what’s happening in the market can make a big difference in how successfully you sell your home. By using this data wisely, you can make smart decisions and hopefully find a buyer who loves your home as much as you do. Good luck!