Market Activity October 1-15, 2015
Slowing down: 7 active, 4 pending and 3 homes sold in the past two weeks. These numbers are slightly less than the last market report, and 6 properties (42%) lowered their prices (2 active, 2 pending and 2 sold). Remember, to get up-to-the-moment notifications of the Calavera Hills real estate market, just signup for free email property alerts:
Signup for free Property Alerts
Here’s a summary of what happened over the past two weeks in Calavera Hills real estate:
Click on any column header (Square Feet, Price, etc) to sort the table
[table id=18 /]
Calavera Hills Averages:
- Average Price of Sold Properties (first two weeks of) October 2015: $547,677
- Average Price of Sold Properties September 2015: $615,250
- Average Days on Market (first two weeks of) October 2015: 20
- Average Days on Market September 2015: 23
Notes:
- Active and Pending “Sale Price” are last reported FOR SALE price, not SOLD price.
- If the property is marked as sold, the price displayed is the SOLD PRICE.
Summary
Properties that have been sitting on the market for more than 3 weeks all lowered their asking prices. Of those that are sold and lowered their asking price, their final prices were $11,000 and $19,000 less than their reduced asking prices. I’m guessing that there were some motivated sellers out there who were tired of waiting, and some lucky buyers to get a Calavera Hills property at a discount! On the whole, things are still looking very healthy, with a respectable average of 20 days on market and average sale prices almost matching those in August: $550,000. I’m guessing this trend will continue: fewer properties on market, but Calavera Hills desirability slowing a dramatic decrease in average sales price.
While the website overhaul is coming along slower than I’d like, I do have a free, automated home value estimator up and running. Click here to see what your home is worth.
Ready to make your own move? Click here to find out:
What’s my home worth?
Want to be emailed any time a property comes to the market?
[ARForms id=107]
Related Links
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.