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    Q4 Million Dollar+ Market Update – Tom Toole Sales Group LUXURY

    🎉 What’s happened in the Million Dollar+ real estate market in the Greater Philadelphia Area in the 4th quarter? …… and what does that mean for you? 🤔📊 Today we’ll talk about stats that you don’t hear about in the usual real estate reports. 📈 The median price point for the $1M+ market is 1.35M which is up 3% since the 4th quarter in 2019.⬆️ 307 homes over $1M closed in the 4th quarter which is a massive 83.3% increase!⬇️ The days on market is also significantly less for a market that typically takes longer to sell.So if you are a buyer this luxury market, what should you know? ✅ There are more opportunities!✅ Get clear on your lending options. If you’re thinking about selling your home…✅ This market has seen a lot of improvement.✅ The first offer is probably the best offer.✅ Be patient in your negotiations.This is exactly where you want to be. 👏Hopefully this gives you the information you need to make the best decisions in the future! 🏡Tom Toole Sales Group – RE/MAX Main Linewww.TomToole.com610.692.6976

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    Our agents write often to give you the latest insights on owning a home or property in the local area.