The most expensive house SOLD in Eastvale for the week of 9/13/15

The most expensive house SOLD in Eastvale for the week of 9/13/15

Data pulled from CRMLS on 9/22/15

A total of 10 houses were sold for the week of 9/13/15 to 9/19/15 according to data pulled from CRMLS. The statistics indicate that days on the market are increasing and home prices are decreasing. One can state that this change in the market can be cyclical as we experienced a similar trend this time last year right after school started.

However, another factor must also be taken into consideration for the slow down in sales - less inventory as sellers who want to move up are getting priced out. Global turmoil is also bringing tension to many households wanting to sell. Uncertainty of interest rates and the direction of home prices have become factors for buyers and sellers to consider.

The most expensive house sold last week in Eastvale was located on  12605 Bridgewater Drive. This property has a 5 bedroom, 3 bath and a half bath. It has a total of 3757sqft on a lot size of 10,890sqft. It has a bedroom and bath on the ground floor. The backyard is truly an entertainers delight with pool and rock slides, diving board, log chairs and wooden bridge. Some of the upgrades are marble countertops, granite countertops, surround sound, crown moulding, recessed lighting and remodeled kitchen. This house was listed by David Brambila with Brambila properties located in Corona. The original asking price was $599,900, however, it sold for $565,000 with a home warranty concession after being on the market for over 136 days. This 2003 built house did need some TLC. It finally found a buyer who is about to build long lasting memories. 

Houses are still in great demand in Eastvale, however, if you want a quick sale and smooth transaction make sure to price your property correctly. As the market and home prices slow down, it is even more important to price your listing correctly from the very start. The longer your listing stays on the market, the more you tend to lose on equity.

Thinking of selling your Eastvale house, call Sarah Oswald with Eastvale Team Realty at 951-707-9919. She knows the market inside and out and will provide you with all the necessary data so you are able to make an informed decision.

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