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How is the Eastvale market report as of February 2016

By
Real Estate Broker/Owner with Realty One Group BRE 01230211 & 01919354

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. 

 

 

Posted by

Eastvale Team Realty  

"Service and Excellence in Action"

One success story at a time.

 

We are now accepting qualified listings.

                    CALL or TEXT us NOW – 951-707-9919 

 

 

What is your house worth? Click here for a Free market analysis.

 

Comments (6)

Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

Hi Sarah and Les --- the numbers are quite clear and your explanation is spot on. You definitely have a handle on Eastvale real estate.  

Feb 21, 2016 09:16 AM
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Thank you Michael Jacobs. 

Feb 21, 2016 09:30 AM
Robert Havana
Park and Protect- Alberta Real Estate License Parking - Calgary, AB
Alberta Real Estate License Parking

Good evening, great blog post.  Hope you are having an awesome start to 2016 and it is a great year for you here at Activerain and for your business.  Robert

Feb 21, 2016 09:32 AM
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Yes, 2016 is going to be spectacular. Hope you had a prosperous weekend.

Feb 21, 2016 09:40 AM
Jim Crawford
Long & Foster - Fredericksburg, VA
Jim Crawford Broker Associate Fredericksburg VA

Les & Sarah Oswald Thank you so much for taking the time to share this report.  It is most informative for buyers and sellers alike....and very professional.

Feb 21, 2016 10:25 AM
Les & Sarah Oswald
Realty One Group - Eastvale, CA
Broker, Realtor and Investor

Jim Crawford - Thanks for stopping by my blog and for commenting. 

Feb 21, 2016 10:41 AM