How to know what a home is worth

Posted on: February 24th, 2017 | By Cliff Keith | Friday's Weekly Market Update For Redwood City, Market Trends |

February 24, 2017

How to know what a home is worth
Court House

How to know what a home is worth by reading the weekly market trends report for Redwood City real estate. How to know what home prices are headed and why? Save your dollars with this powerful information on how to know what price to offer on a home you want to purchase. It contains data showing the last 7-days activity of various categories of Redwood City real estate. This past 7-days shows home sales are very strong sales, and are selling quicker than during 2016. However, Redwood City Homes are still selling for more money than homes that sold in 2015.

What was the Average Sale Price of a Home?

This Week Average Selling Price was $1,245,894

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 exactly how homes in Redwood City are trending towards pricing, DOM, ratio of list price and sale price, and, helps home buyers when submitting an offer on a home in Redwood City. They will be submitting an offer from a position of knowledge, and not one of emotion or gut feelings.

How to know what it’s going to cost me?

57.0% of all home buyers in Redwood City must pay over $1,000,000 to buy their home. That is up from last week’s figure of 50.00%. Homes for sale in Redwood City are still experiencing some multiple offers and when a home is considered a “Jewel” property there seems to be no stopping the continuation of bidding wars for some homes in Redwood City. Homes for sale with a perceived “good value” by today’s home buyers 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 last 7-days of Redwood City real estate market trends report shows continued growth in days to sale, price per sq. ft., LP:SP ratio, and more homes selling than new homes coming onto the market for sale.  Read more…

What to do now?

How to know what a home is worth
Call Cliff 650-346-7366

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.

SF Bay Homes

1250 San Carlos Avenue Suite 101
San Carlos, California 94070
United States (US)
Phone: 650 597-1821
Secondary phone: 650 346-7366
Fax: 650 597-1221
Email: cliff@SFBayHomes.com
URL:

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How to know what a home is worth
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