How’s Real Estate Doing?
Market trends for Redwood City real estate effective Friday, March 31, 2017. Want to know how to know where home prices are headed and why? You can save your dollars with this powerful information. By having it you’ll the how to on what price to offer for a home you want to purchase. This blog post contains data which shows the last 7-days activities of various trends of Redwood City real estate. This past 7-days shows home sales are very strong sales, and are selling quicker than during the previous week. However, Redwood City homes are still selling for more money.
Market Trends for Redwood City
This Week Average Selling Price was $1,505,778
Here are the results of the past seven days and how they compare to the previous week. Insightful for home buyers and homeowners in Redwood City alike. You will note from these 8 different weekly trends, when studied, will benefit you in many ways. As a home-buyer you will know the current market trends on homes in Redwood City especially trends of Pricing, Days on Market, Ratio of List Price to Sale Price. This will help home buyers when submitting an offer on a home because their offer will be submitted from a position of knowledge. And not like most buyers from emotions or gut feelings.
What is it going to cost me?
64.0% of all home buyers in Redwood City paid over $1,000,000 for their new home this week. That is about the same as last week’s figure of 81.00%. Homes for sale in Redwood City are still experiencing some multiple offers. When a home is view as a “Jewel” property by home buyers there seems to be no stopping the continuation of bidding wars! Homes for sale with a perceived “good value” by today’s home buyers as in the past, bring strong offers. (All cash, As-Is, No Contingencies) This is true for San Mateo County and other SF Bay Homes too, including Silicon Valley.
The real estate market trends in Redwood City is showing a low selection of homes by buyers. They are hard pressed to find a home under $1 Million Dollars. And the price per square foot has dropped to the $855 level. Truly an amazing time. Read more…
What do I do now?
If you want to find your new home all you need to do is my simple 3-Step Process.
- Pick up your cell phone,
- Look up my number (Hint: 650-346-7366)
- Call me immediately.
When you follow these 3-Step Process we will discuss the best way we can help you can get the best information you’ll need. Our goal is to help you find your new home as quickly as possible. Additionally, you will receive the highest value possible, for the exact amount of money you want to spend. Do it now. It the smart decision to do.[Tweet “Be smart, know the market BEFORE you submit an offer. Read more…”]
SF Bay Homes
Secondary phone: 650 346-7366
Fax: 650 597-1221
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If you want to know what is going on in the real estate market you should know the current market trends. If not, you stand to lose money by over paying for your new home. Be Smart. Knowledge is good.
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