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Rancho Palo Verde Has Only 4 Houses on the Market

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Real Estate Agent with eXp Realty / 619.316.7445 CABre 01827266
619.316.7445 Rachell Lara Rancho Palo Verde Realtor  and Alpine Neighborhood Expert http://www.wheretobuyinsandiego.com/community/area/Alpine/


Rancho Palo Verde Has Only 4 Houses on the Market

 
 


Alpine has been experiencing extremely low inventory as of late. Of course almost all of San Diego has been. As a whole we have been holding steady at around 40 something houses for sale in Alpine for the last few months. 

Now Rancho Palo Verde has been doing a little better inventory wise than it's sister community Palo Verde Ranch has been doing since currently they have no houses on the market. At least Rancho Palo Verde has 4 houses for sale. 


Since only 8 homes in Rancho Palo Verde Sold Last Year we are currently at 6 months of inventory, which is considered a "Buyers Market". Something that is becoming a little more rare these days throughout the county, but certainly normal and expected in the higher price brackets of the Luxury Home Market.

The first one is on Via Viejas Oeste and was taken off the market in 2011 and put back on the market at the beginning of this year

Now the house on Firebrand, the second from the top is an investor flip and sometimes at the higher end these end up flopping. This one has already decreased its value from the $800,000s to the $700,000s.

The 3rd one, on Via Tesoro has been on the market on and off since 2010 and has been on full time since April of last year.

The 4th one on Via Viejas Oeste has been trying to sell for a while too. Now they have switched real estate agents to see if that would help.

None of them seem to be new to the ball. 


What does this mean if you are looking to buy in Rancho Palo Verde? 
To some degree you have more power than if you were in a slightly lower price range. However these are still on the market because the sellers haven't been willing to take what the buyers have wanted to pay. So they may sit on the market a while longer until either the market goes up to where the sellers are happy or they decide it is better to move to the next house instead of be stuck on a particular price.


What does this mean if you are thinking about selling a Palo Verde Ranch home?
There is still little or no competition. Since these houses have been over exposed to the market. If you are ready to sell there are buyers waiting for the right house to come on the market. 

If you would like more information on Buying or Selling in Alpine's Rancho Palo Verde or if you would like information on any of Alpine's neighborhoods. Please call 619.316.7455 or stop by Starbucks Thursday mornings between 8:30-10 for a more informal meeting. I love talking Alpine and informing people so they can make the best decisions for them and their families. 
 



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Rachell Lara
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About the
Author
Rachell Lara is a mother of three and San Diego Native. She is living her passion helping others improve their lives by investing in their daily life and future with San Diego Real Estate. She enjoys making the world a better a better place through service, appreciation, love and of course humor.
 
 
 

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