With the decrease of inventory, homebuyers should continue to expect multiple offers on properties that they are interested in. With that said, there was a decline of 1% within the difference of the price homes were listed at versus the price homes were sold at. Obviously, home sellers should expect bids at or above their listed property...if their property is listed at market value. The decline could be due to sellers pricing their home well above the market value. I absolutely love Holiday Home Buyers because they are the most dedicated home buyers. I’ve gone home shopping with buyers the day before and after Thanksgiving. To me, that illustrates the seriousness of the homebuyer.
In the month of October....the number of short sale homes on the market was 130 (a 15.6% decline from the month of September) and 101 short sale home sold (a 3.8% decline from the month of September) in San Joaquin County.
More and more homeowners are taking advantage of the increase of home prices in San Joaquin County. There The average days homes were on the market was 27. The Median Home price in San Joaquin County is $234,000 a decrease from September. Contact us for a more detailed market analysis in your neighborhood at (209) 565-4399 or visit our website for addition housing information in San Joaquin County.
If you are thinking about selling, receive a FREE Market Analysis by registering on out website and let is know if you are ready to take advantage of the rise in home prices!
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