A Pleasant Realtor for Pleasant Hill - Mary Ann Cadorna - Real Estate Market Update

A Pleasant Realtor for Pleasant Hill - Mary Ann Cadorna - CalBRE 01345274

Real Estate Market Update for Pleasant Hill

This week we have 35 active listings:

23 Active

3 Back on Market (BOMK)

7 New

2 Price Change (PCH) Dropped $50,000. (after 49 days)

and down $26,000. (after 57 days)

BUILDING TYPE:

7 Condos (CO): $329,000. - $515,900.

6 Town Homes (TH) : $477,000. - $598,000.

2 Duplexes (DU) : $549,000. - $729,000.

20 Detached (DE) :$484,900. - $1,200,000.

AVERAGE DAYS ON MARKET (DOM):

1 day - Low

13 days - Median

16 days - Average

57 days - High

LISTINGS: Up 1 from last week

ACTIVES: 23 properties remain active and if price being the catalyst, and waiting about two weeks wait before getting into contract.

NEW LISTINGS: 7 new homes have entered the market.

PRICE CHANGE (PCH): We have 2 price changes, one $50,000. drop after 49 days, and the second dropped $29,000 after 57 days. Again a market indicator of a push back for the pricing? One was a town home and the other a condo.

BACK ON MARKET (BOMK): 3 properties are back on market, each one "due to know fault of seller", which indicates buyers backed out, maybe due to lending or inspections issues which gave the buyer cold feet to back out during the loan and inspection contingency period.

Wall street's adage of buy low and sell high also applies to real estate. If you have been holding on, waiting diligently to maximize the return on your primary home investment. Then now is the time to sell, especially if you are planning to retire, downsize and/or move out of the area with a life change, it's still an optimum time to sell. Don't be like the 2008 pre-crash sellers waiting for the market to get higher, those homeowners that waited to long did not have a golden parachute, they crashed and burned like 50% of America.

So, maximize the return on your home investment and start a new chapter with a profit that will help you make that transition comfortably. Again, if you have been considering selling now would be a good time. Call the Pleasant Realtor for Pleasant Hill, Mary Ann Cadorna 1-888-572-1888 or email: MaryAnnCadorna@gmail.com for a free listing consultation listing or a free estimated market valuation.

FIRST TIME BUYER WORKSHOP: "Tired of rent that makes you lament - Own a home have something you own"

If you are a renter and tried of the rent hikes, then take a hike from rent join me at my First Time Buyer Workshop located at the:

Pleasant Hill Senior Center

233 Gregory Ln, Arts & Crafts Room

Wednesday 07-20-2016

Wednesday 08-31-2016

From 6:15 to 8:00 PM

My guest lender and I will give you the knowledge to take a hike from rent hikes.

RSVP 1-888-572-1888 orMaryAnnCadorna@gmail.com

Thank you, Mary Ann Cadorna - CalBRE01345274

www.MaryAnn.REALTOR

1-888-572-1888