January 14, 2020
Welcome to our December newsletter. December is typically the slowest month for residential real estate. That’s why, in addition to taking a look at what’s happening in our market, we thought it’d be the perfect time to tell you what sets our team apart from other agents and to explain what benefits you get from working with us to buy or sell a home.
This month we’ll examine:
Here’s a snapshot of this month’s housing market in the South Bay/Peninsula across four key indicators: home prices, month’s supply, days on market, and the sales-to-list price.
Consistent prices indicate a balanced and stable market, so sellers should price their home in line with comparables.
The market slightly favors sellers. Supply levels in most counties are low and tightening compared to the previous year, giving sellers the advantage of robust demand and rising home prices.
Days on market for both single-family homes and condos are very low across the board and dropping further. Buyers will need to act quickly on offers. Sellers of luxury homes should have realistic expectations about how long it will take to sell their property.
In most markets, single-family homes and condos are selling close to the original listing price.
We offer free home valuation if you’re curious to know what your home is worth!
Call or Submit your information below!
"*" indicates required fields
Stay up to date on the latest real estate trends.
December 1, 2023
December 1, 2023
November 30, 2023
November 29, 2023
Welcome to 14361 Lenray Lane! Captivating Custom Remodeled Three Bedroom Single Family Home Located in the Heart of Cambrian with Top Cambrian Schools!
You’ve got questions and we can’t wait to answer them.