Are you looking for recently sold homes in your area? If you’re an aspiring homebuyer, it’s essential to understand the local housing market trends and the prices people are willing to pay for properties in your desired neighborhood. Whether buying your first home or looking for an investment property, here are expert tips and strategies to help you find houses sold near you.
1. Use Real Estate Agents or Online Search Engines
As The Balance suggests, start your search by contacting a local real estate agent or using an online search engine. Many popular real estate websites have a “recently sold” filter that allows you to view properties sold in your preferred area, type of house, and price range. Remember to contact the listing agents of properties that pique your interest to gather more information.
2. Look for “Sold” Signs and Engage with Neighbors
Were you looking for “sold” signs in your neighborhood? If you spot a sold sign, don’t hesitate to ask your neighbors about the sale. They may have insights into the selling price, buyer’s information, or other valuable details. In 2022, over 6 million homes were sold in the U.S., with the median selling price at $375,300. June was the most popular month for home sales, with over 1.3 million homes sold.
3. Check Online Records
Another great resource is the county property appraiser’s website. This site often records recently sold homes, including the selling price, property size, and buyer’s information.
4. Attend Open Houses
Attending open houses is an excellent opportunity to view recently sold properties in person. Interacting with the sellers and real estate agents can provide you with a wealth of information about the property, including its unique features and the motivations behind the sale. HomeAdvisor says over 100 million homes exist in the U.S., with more than 5 million sold yearly. The average selling price of a home in 2022 was $428,700, with San Francisco being the most expensive city for home sales at an average selling price of $1.3 million.
5. Use Real Estate Websites
Real estate websites provide valuable data and insights into recently sold homes in your area. They typically have various filters, such as location, home size, and price range, that can help you narrow your search and find properties matching your criteria.
6. Appraisal Timing
An essential step in the home-buying process is the appraisal. How long does an appraisal take? Generally, an appraisal can take anywhere from a few days to a couple of weeks, depending on the availability of the appraiser, the complexity of the property, and the responsiveness of all parties involved.
Finding recently sold homes in your area is crucial for any aspiring homebuyer. It provides insights into market trends, helps determine your budget, and gives you an idea of what properties are selling for in your desired location. By using real estate agents, online search engines, property records, attending open houses, and engaging with neighbors, you can gather a wealth of information to aid your home-buying journey. Remember, it’s essential to stay informed, be proactive, and take advantage of the resources available to you. Happy house hunting!
