How's the real estate market?It's still a seller's market in Concord these days, though you may have noticed that. What is happening though is a bit of softening. Perhaps spurred by the rise in interest rates? Perhaps the seasonal lull of August? Either way, we are starting to see some price reductions and even a few listings expiring without selling. WHAT? Yes! So it's a great time for sellers to be cautious in their pricing. This is the beginning of the season that can lead to what we call "chasing the market." You don't want to price too high, and chase the market down. The longer your home is on the market, the less you will net. It's a fact.
Here are some charts of activity in Concord housing. Housing prices active vs. sold, as well as inventory levels.
You can also watch Concord (and Clayton) housing trends at my website:
Concord housing market
Clayton housing market
How much is your home worth in today's market? Check out my home value website, and complete your information. I can email (or mail) you a market activity report with REAL sold data to show you the true picture of your real estate market activity.
Contra Costa Home Values
If I can answer any real estate questions, or if you'd like a more in depth analysis of your chances of selling in today's market, contact me anytime!
Prudential California Realty
Concord, Clayton Real Estate Website