How’s the market? Overall, the market is slow, but steady. Slow because we have seen a drop off in the number of homes for sale, and therefore closings, when compared to the past few years. Steady because well priced properties continue to sell, some with multiple offers. Sales activity has slowed in recent weeks but that is typical for this time of year, especially in an election year. On...
Happy Fall! It’s time to take inventory of where the real estate market is after summer and try and get a read on where we are heading as we approach the end of the year. Here’s a synopsis of how the market compares to a year earlier throughout the South Bay: The number of properties sold increased slightly by 2.5% The median price increased 7.9% The majority of houses sold around 99% of...
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