Summary: Rising inventory, homes are selling faster, and sellers are listing at realistic prices Real Estate for the first quarter of 2017 in Valmonte has started out hot out of the gate.  Compared to Q1 of 2016 we are seeing the following trends in Valmonte: New listings are up 62% YOY Closed sales are up 56% YOY The median sales price is stable at $1.47m Homes are selling 25% faster than...

A quick look at the numbers I write this latest post as yet another rain storm passes through our quiet little slice of paradise here in Valmonte and another big one is on it's way.  It's been nice to have all the water, but I have to say, I'm spoiled by our typical 279 days of sunshine each year.  As for the real estate market, continuing with the theme we saw in January, the welcome sight of new homes...