129 active listings
54 pending listings
7 sold homes in last week
What does this mean? There isn't much change from last week, when there were 124 active listings and 54 pending listings. The sold number is the same. There is tremendous activity in the lower end market. For homes under $500,000, there are 44 active listings and 34 pending sales. That's a .75 to 1 ratio of pending to active listings. That's an incredible number, and it says to me that we really have hit bottom for that segment of the market. The overall ratio is 2.5 to 1, which in itself is very healthy. However, for homes over $800,000 there are 48 active listings and 6 pending sales. This ratio of 1 to 8 pending to active isn't too healthy at all, and my guess is we will continue to see some softening.
If you're interested in finding the final selling price of any home, anywhere, you can do it on my website. Click here to get to my site. Once there, click on Cyberhome Home Valuation. You can then type in any address to get the county records.
If you need anything else please contact me. I am here to help you!
Marcy Moyer Intero Real Estate
marcy@marcymoyer.com
650-619-9285
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