The East Bay real estate market is diverse with both buyers and investors alike seeking a variety of different properties. As a prospective seller, you can find out the market value of your property with a free home value report right here, or if you're looking to purchase in the East Bay click here for full MLS access. Always feel free to reach out to us for any questions regarding the current market conditions, or the value of your property at 925-855-3432.
As you probably know, the market is ever-changing. Conditions are unpredictable and often shift monthly. A perfect example of how quickly things can change is the East Bay community of San Ramon. Here are some trends that have developed in only 7 days:
- 10 new listings.
- 8 sold properties.
- 9 properties with price reductions.
The reason we've seen 9 price reductions in the last week alone is that there are far fewer buyers now than there were over the last 6 months. In addition, we've seen more properties come on the market, which has compounded the problem.
If you are thinking of selling your home in the next 5 months or so, you need to make sure your real estate agent is looking closely at comps. If you price your home like people have over the last last few months - when there were multiple offer situations and a lot of eager buyers - it may be stuck on the market for a long time.
The right price for today's market is not what it was a month ago. You need to price your home to the market and prepare it for sale so you can sell it quickly and at the maximum possible value. A real estate professional can help you with that. If you have any questions about market values or the best way to properly prepare your home to be sold, give us a call or shoot us an email. We would love to assist you.
