01/02/2025
🏡Total Homes Staged by Northern Gem in 2024: 100 (67 in North Idaho and 33 in Washington)
✅Closed Escrow: As of Jan 1, 2025, 74 of these homes have closed escrow (74%) and six are currently Pending (contrasted with CDA MLS: less than 50% of the homes listed in 2024 have sold).
🤑Staged Home Prices (Northern Gem vs. CDA MLS): Based on data from the CDA MLS, the average and median sold prices of homes in North Idaho that were staged by Northern Gem Staging Co. were SIGNIFICANTLY higher than MLS average (133% & 146% respectively)
🥳Despite the significantly higher sold prices of homes Northern Gem staged in North Idaho, the average and median Days on Market were less than the CDA MLS average (77 DOM & 61 DOM, respectively)
🍎In Washington, the average and median Days on Market were 67.3 & 46, respectively
💵Sold/List Ratio and Sold/Original List Ratio were higher than the CDA MLS, indicating that staged homes sold for closer to asking price than the MLS numbers in general.
💪On multiple occasions, Northern Gem staged homes that were previously listed with no staging OR virtual staging but did not sell until they were we professionally staged with actual home furnishings.
🌟It's important to note that staged homes are included in the overall MLS stats being used, so staging benefits the MLS numbers that are being used.