As you may have heard, the market is moving fast and we are definitely on a upward trend when it comes to price. Click here to get a free house value for your home
So much so, that at this point, French Valley Homes are receiving multiple offers and over asking is the rule, not the exception. Here are some numbers to support what you are hearing on the news about French Valley House Values for April 2013.
You can get the market stats for your neighborhood, click here
French Valley House Values for April 2013 looks like this on the numbers:
The median list price in May for single family homes in Winchester is $289,900. The list prices increased by 2.61% from the previous month.
The price per square foot for listings in this area is $136.
The median sale price in January forsingle family homes is $257,616. The sale prices dropped by -0.72% from the previous month.
The price per square foot for sales in this area is $88.
When you look at the graph above, you can see that listing and selling prices are mimicking each other fairly well. Selling prices can be a litle low, simply due to some homes going on the market at rahter high prices. To get your free house value Click Here
The other graph here is for French Valley Inventory, note that the red bar represents distressed sales, as you can see, those are slowly going down. So more standard sale homes, and less bank owned and foreclosures, this is a healthy thing for the market.