The “Per Square Foot” Secret To Becoming The Expert In Your Market
What are the most expensive per square foot homes in America?
According to a recent study recently done by REALTOR.com San Jose Santa Clara had the most expensive per square foot averages across the country.
Drum roll — $1,500 a square foot, not far behind are San Francisco and Oakland with $1,200 a square foot.
Now what's the least expensive in the country? Least expensive is Decatur, Illinois at $102 and Youngstown, Ohio at $120 a square foot.
There's a big discrepancy between the two.
The reason I bring this up is because we need to know what our average per square foots are in our local market. And it's going to change by subdivision. It's going to change by micro markets. But overall, you need to know what your county averages are and then your subcategories in different market segments. That way you can speak to this as an expert.
The other thing you need to be able to do is bring these into a conversation with buyers and sellers. And show them what our homes are ...
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