For Amanda Meyer and her husband, Ian Erickson, there couldn’t have been a better time to move. After putting their Parkside neighborhood home on the market for four days, they received 29 offers, and eventually sold for more than $61,000 over the original asking price, a 20% increase.
“It was pretty wild,” said Meyer, who was on her way to her new home in Alaska. “We were pretty happy with our timing.”
Erickson, who’s a pilot in the Coast Guard, knew they wouldn’t be staying in Savannah for more than a few years. The couple moved to the historic neighborhood four years ago, and this February, received notice that they’d be moving to Kodiak Island, Alaska just in time for a market that was red hot for sellers. Meyer and Erickson are just one household among many across the country who have sold in record time at record prices.
There’s two major reasons for the favorable market for sellers right now, says Tommy…