Market Activity March 2 – 10, 2015
There was quite a bit of market activity this week. Remember, to get up-to-the-moment notifications of the Calavera Hills real estate market, just signup for free email property alerts:
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Here’s an overview of what happened this week in Calavera Hills
- 3/2: Home sold in the Villas
- 3/4: New home in the Knolls for sale
- 3/4: New home in Mystic Point for sale
- 3/4: New home in Summerhouse for sale
- 3/4: Home in Ravinia goes under contract
- 3/4: Home in Mystic Point goes under contract
- 3/5: New home listed in the Trails
- 3/6: New home listed in the Villas
- 3/6: Home in the Crest goes under contract
- 3/7: Home sold in the Villas
- 3/10: Home in the Cape goes under contract
Villas
The Villas saw the most action this week with 2 properties being sold–both in less than 30 days–and one new property was listed. As I mentioned last week, the Villas (the lowest priced subdivision in Calavera Hills) is a good entry point for first time home buyers and investors, and as such the properties seemed to be getting snapped up fairly quickly.
Mystic Point
Mystic Point was also busy this week with 2 homes going under contract and one new property coming on the market. One home went under contract in two days (!) and the other 21 days–so don’t expect the property that hit the market this week to last long. As mentioned on the All Calavera Hills Real Estate page, Mystic point has the highest turnover in all Calavera Hills, averaging 34 properties in 2013 and 21 properties in 2014.
Summary
Calavera Hills homes are coming on the market and selling pretty rapidly. With things moving so quickly, it’s a good idea to get pre-approved for your loan, so when you do find the right property, you can present your offer with the pre-approval letter–making your offer that much stronger in this tight market.
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Data from SANDICOR, Inc. for 1/1/13 through today and represents properties listed or sold by various brokers. If your property is currently listed this is not meant as a solicitation This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display.