How is the Eastvale market report as of February 2016
A picture is worth a thousand words. Don't take my word for it. Check out the data and stats from CRMLS as of February 2016.
For sellers...Outstanding
1. Inventory is at an all time low since 2015. Low inventory and increased buyer's demand are great news for Eastvale homeowners who are thinking of selling right now.
2. Lowest inventory since 2014. If you sell NOW, there is less competition, the greater chance it will sell quicker and for the most amount of money.
3. Appreciation of home values per square foot has improved since 2014. Whether you have the smaller 2700sqft house or the larger 4600sqft floor plan, your home equity has increased for the past two years.
4. Home values continue to increase year after year. Great opportunity to cash out on your equity and move up to a bigger floor plan or newer construction. It is also a great advantage for investors to cash out and increase their portfolio.
For buyers...Extraordinary
1. Median sold prices are lower than November 2015. It has dropped from $494k just for the past two months. Winter sellers are serious and more willing to negotiate on the offers.
2. Days on the market is increasing, giving buyers greater opportunity to shop around for that special house and location.
How is the Eastvale market report as of February 2016
Overall, Eastvale market is outstanding. With low inventory and increased buyer's demand due to foreseeable interest rate increase and home value appreciation, sellers who list their home now before the Spring rush will have less competition. However, we have observed that buyers are looking more toward ready to move in properties. Want a quick sale of your home? Contact the Eastvale team at 951-707-9919. They will schedule you for a FREE comparable market report and professional stager, who will advise you how to best present your HOME.
As a buyer, looking to relocate to Eastvale CA, this is the opportunity you been waiting for. Lower interest rates since December 2015 and Winter sellers, who are seriously looking to sell, give buyers the upper hand. Give Eastvale Team a call and allow them to represent you in your purchase.
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