Signal Hill Real Estate Report - December 2013
What's happening in the Signal Hill real estate market? Well, despite the traditional slow down of sales during the holiday season, 10 properties closed in Signal Hill during the month of December. Pent up buyer demand, buyer urgency and other factors may have contributed to the busy season.
Signal Hill Real Estate Activity - Single Family Homes
Active Listings: 9 (Standard - 7, Short Sale - 2)
Pending Listings: 4 (Standard - 2, Short Sale - 1, REO - 1)
Sold Listings: 3 (Standard - 2, Short Sale - 1)
Signal Hill Real Estate Activity - Condominiums and Townhomes
Active Listings: 10 (Standard - 8, Short Sale -2)
Pending Listings: 12 (Standard - 4, Short Sale - 7, REO - 1) 1 New Construction
Sold Listings: 7 (Standard - 4, Short Sale - 2, REO - 1)
What does this mean for Signal Hill Sellers? Due to a 12% appreciation rate for the state many homeowners are now in an equity position. Astute homeowners are beginning preparations to for placing their homes on the market. Repairs, staging, appraisals and a Comparative Market Survey, completed by an agent familiar with your market, are part of the necessary steps to earn top dollar for your home.
What does this mean for Signal Hill Buyers? Buyers are out in the market now seeking the best deals before the competition heats up. Open houses are packed as buyers seek to take advantage of the low interest rates. Speak with an experienced agent (like me) who will prepare a personalized strategy to help you succeed at purchasing the home of your dreams.
Signal Hill Real Estate Report - December 2013 is a report created by your in the trenches Realtor. Previewing, assisting buyers and sellers, an understanding of today's trends allow me to create the best possible scenario for clients. Call me before the busy selling season is upon us!