Clayton’s Huge Inventory
As of this week, we have 60 homes on the market in Clayton. That’s a record high. I remember a year and a half ago when there were less than 10 homes on the market for months on end. Today, 17 of those 60 homes are priced above one million dollars, with the average home price being $928,468. What does it mean? For starters, Clayton’s Oakhurst neighborhood no longer is an economical choice for buyers in the area. But in addition, it means many of these homes will be sitting on the market for months. If you’re thinking about selling your home in this market, it’s important to price yourself competitively, show your house well, and get a lot of exposure. You’re in a good spot if you are selling a single story, since they are rare. If you have a swimming pool on top of that, you’ll do well. For the remaining 59 homes on the market, it may be a competitive month.