Baker City Real Estate Weekend Wrap-up: Sunday, March 25, 2007

Real Estate Agent with Nelson Real Estate, Inc.

Another stellar weekend for Baker City real estate. Again, properties under $150,000 are going fast. However, pricing is still a concern, with a few houses in that price range taking a while to sell. Mainly, the two factors that are affecting those homes are condition and price. Even though there is a severe shortage of listings, buyers are showing some constraint, opting to wait rather than make a poor buying decision.

There is still concern over the high demand vs. what a home will appraise for. Homes that are listed at what might seem like a bargain, and sell within a matter of days (or even hours) still have to appraise, and with a shortage of listings and comparable sales over the past six months, that is proving a challenge.

Two open houses were held this weekend. Mary Jo Grove reports that her open at 555 Washington ($277,000) was very well attended and was busy most of the two hours she was there. Sharon Rudi held 2420 Balm St. ($89,950) and also said that there was a lot of activity.

Of course, if you have any questions about what is going on in the Baker City real estate market, feel free to contact us at

Comments (1)

Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

     We invite you back to ActiveRain.  Log in, leave some comments, write a blog post! 

Oct 31, 2017 07:43 PM