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

Well El Nino is bringing spring fever in early, and not waiting for after Easter. With unseasonably warm weather, the first time buyers are out in full force. This is affecting the market conditions, buyers have to take a back seat and know that the sellers are literally in the driver's seat of this current seller's market cycle.

I'm seeing from a hand full to 15 offers in certain areas and from $10,000. to $50,000., over asking price, and properties going pending in just a few days. That said, it is a time for sellers to consider their future options now that values are up, you can finally live the second half of your American Dream of home ownership. Which is to sell with enough equity that will give you options to move to a new location, buy up, downsize and retire or even get an investment property, a second or a vacation home.

So let's see what is happening in Pleasant Hill: Since January 2016, 51 properties have sold with an average of 18 days on the market (DOM), with the median DOM being 11 days. Now that is good news, if it is only taking around two weeks for homes to go pending.

LIST PRICE versus SOLD PRICE: HIGH - LOW - AVERAGE - MEDIAN

LIST PRICE: $1,950,000. - $275,000. - $631,355. - $589,000.

SOLD PRICE: $1,950,000. - $275,000. - $648,175. - $635,000.

Currently we have 19 active listings, starting from $340,000. to $1,049,999.

2 Condos, 4 Townhomes, 13 Detached Homes

ACTIVE LISTINGS:

8 Actives

1 Price Change (PCH)

1 Back on Market (BOMK)

9 New

SELLERS: Now is the time to sell, interest rates will favor your next purchase, and allow to move up with your equity. Call Mary Ann Cadorna for a full evaluation report of your home's value, just five minutes and I have it in your email.

BUYERS: Now is the time to buy with interest rates, and down payment assistance you can still glean a monthly mortgage payment that makes home ownership far better, then the monthly cry, and yearly increases of renting!

First Time Buyers, Veterans, Native American and USDA loans, you've got a need I've got a lender to help!

Need to buy, and have no down payment? My lenders have down payment assistance programs that can get you 3.5% towards a down payment. Now that is the American Dream of home buying with leverage, in other words America is beautiful and FHA is helping you to live the beauty of that dream.

Mary Ann Cadorna

1-888-572-1888

maryanncadorna@gmail.com

www.MaryAnn.REALTOR (MLS Search Properties)

www.MaryAnnCadorna.com (blog)