Here is a summary of the blue bars in the above graph...
- MAY 2021 - Average home residential sold price was $574,545
- MAY 2022 - Average home residential sold price was $641,321
- MAY 2023 - Average home residential sold price was $648,855
- APRIL 2024 - Average home residential sold price was $727,989
If you've have been waiting 3 years for the market to dip, you've just missed out on a 79% average investment growth.
If you've been waiting 1 year, you've missed out on 21%.
Instead of asking the question "is it a good time to buy", try asking this question...
"Is it a good time to NOT own?"
Click the REAL ESTATE AGENT MAN image to watch the youtube short on this topic and others.