HOW MUCH EQUITY HAVE YOU GAINED ?
Homeowners have gained a considerable amount of equity in the last four years. Home price appreciation, sky-rocketing demand, and record-low interest rates all contributed to an incredibly strong and aggressive market, which is only just starting to show signs of cooling.
How has this shift in home values affected your Milestone community?
YOUR NEXT DREAM HOME WITH RUSS GELSTON, YOUR MILESTONE REAL ESTATE EXPERT | 301.370.6005
FIND
$540,978 2019 $544,939 2020 $639,219 2021 $740,375 2022 AVERAGE SELLING PRICE YEAR-TO-DATE OVER THE LAST 4 YEARS The Average Home Value in Milestone has INCREASED 36.9% since 2019!
you’ve
change and
your
home,
Call me today at 301.370.6005, and let’s discuss how
equity you have in your home and how you can use
to achieve your real estate goals! Data based on listings from Bright MLS from January 1st to September 15th, 2019 to 2022. Information deemed accurate but not guaranteed. Leonardo and Angelica,
If
thought about making a
moving into
next dream
you can use your equity to help fuel your move!
much
it
• The biggest issue in the last two years was that homes would hit the market and sell in hours with multiple offers.
• Potential sellers couldn’t find a home due to the combination of low inventory and bidding wars.
• Homeowners were apprehensive
about listing because they couldn’t find their next home.
• As interest rates have increased, the market has slowed. However, it’s still stronger than the 2019 market.
• An increase in inventory not only eases the crunch; it also reinvigorates buyers.
call me
Russ Gelston REALTOR®, Associate Broker MD & VA Property Manager RE/MAX Realty Group The Wineman Team 301.370.6005 Office Phone: 301.258.7757 WinemanTeam@gmail.com www.RealEstateSold.net www.RussSellsMilestone.com This postcard is not intended to solicit properties already listed for sale nor intended to cause a breach of an existing agency relationship. E&OE covered. Each Office Independently Owned and Operated. Published by REAL Marketing (RM) | www.REALMarketing4You.com | 858.952.4280 ©2022 RE/MAX Realty Group 6 Montgomery Village Ave., Suite 200 Gaithersburg, MD 20879
is the perfect time to sell and find your next dream home without the complications seen during the last two years! If you’ve thought about selling,
today at
FINALLY SELL YOUR HOME AND FIND YOUR NEXT ONE, NO PROBLEM!
This
301.370.6005.
A NORMAL MARKET PREPARED ESPECIALLY FOR LEONARDO AND ANGELICA WASHINGTON
