What is my home worth during COVID-19?

What is my home worth during COVID-19?

This is a question I am asked more than once. The market is still hot here in the Silicon Valley. I sold my listing on 1502 Keoncrest Avenue in San jose during COVID-19. My clients walked me through their home virtually while I provided a staging consultation. Within days they finished the staging recommendations and a few more accessories where dropped off to finish the staging. Virtual open house was a success and the property sold in days.

Your home hasn't lost value during the Shelter in Place. During this period the homes that were on the market generally sold with multiple offers. Serious buyers were shopping during this time while there were fewer buyers competing with the listings in the market place. As a matter of fact there were fewer listings coming on the market so inventory was shrinking.

Here is a stat from Aculist.