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Low Inventory levels continue to drive seller's market

By Anja Kerstens, 669.270.8034

Real Estate Agent with Compass CalBRE# 01839597

January 21, 2016 08:15 AM

When is it a good time to sell my home?

Super low inventory levels for homes in Gilroy and Morgan Hill California.

Single Family homes, condos and townhouse levels are historically low. Many homeowners feel they need to wait until the Spring to list their properties.

Don't wait: Stand apart from the crowd. Contact your local Realtor for a free market report on your property to find out the value of your home.

There are only 36 single family homes, condos and townhouses listed for sale in Morgan Hill, CA 95037. List price ranges from $509,000 to $10,888,000. 18 Properties are listed over 1 million dollars.

There are only 36 single family homes, condos and townhouses listed for sale in Gilroy, CA 95020. List price ranges from $408,500 to $2,900,000. 15 Properties are listed over 1 million dollars.

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What Not To Renovate

What Not To Renovate - Palm Coast, FL

We provide tips & trends on home renos & designs

Hi Anja, this sounds like a fabulous time for sellers to seek out professional help and get their home on the market. All the best for 2016!

Jan 21, 2016 08:25 AM

Anja Kerstens, 669.270.8034

Thank you. Yes, we need more sellers.

Jan 21, 2016 09:05 AM

Les & Sarah Oswald

Realty One Group - Eastvale, CA

Broker, Realtor and Investor

This is a great opportunity for sellers to sell their house for the most money and to stand out from the rest of the pack.

Jan 21, 2016 08:30 AM

Anja Kerstens, 669.270...

Morgan Hill, CA

Michael J. Perry

KW Elite - Lancaster, PA

Lancaster, PA Relo Specialist

We are seeing this at a number of price points now ! Will only get worse.

Jan 21, 2016 08:43 AM

Nice to hear that other markets experience the same. I thought it may be the Silicon Valley

Jan 21, 2016 09:06 AM

Will Hamm

Hamm Homes - Aurora, CO

"Where There's a Will, There's a Way!"

Hello Anja, Great post and we need to get more homes on the market also in the Denver, Co. area. Havea great day!

Jan 21, 2016 08:56 AM

Thank Will, we need to let homeowners know that they shouldn't wait until the spring. The problem here is that many homeowners can't afford to move up.

Jan 23, 2016 06:47 AM

Maria Peace

THE BROKER NETWORK OF CENTRAL OREGON, LLC - Bend, OR

MBA, GRI

Same problem in Bend. We have had super low inventory for over a year now. It is driving up prices and unfortunately making a median price home unaffordable for a median income range household.

Jan 21, 2016 12:58 PM

Low Inventory levels continue to drive seller's market

Comments(5)

Anja Kerstens, 669.270.8034

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