The first quarter of this year has been as brisk as 2021. I am seeing a few price reductions and slightly longer market time. I’m sure the Ukraine war and rising interest rates are having an effect.
2021 has been an amazing year for sellers but difficult for buyers competing againar multiple buyers. Covid made showings more challenging but we stayed with compliance regulations successfully.
I missed posting the 2nd Quarter Market Reports due to the brisk pace of real estate. It has been astounding the number of families who are relocating primarily from the Bay area to the Monterey Peninsula. We are experiencing short listing periods, most homes are selling at the asking price and often over with multiple offers.
Since our inventory of properties is low, I ask for your help. If you are thinking of selling, or know someone who is planning on selling, it is a great time! Please give me a call or have them call me at 831-809-6208.
As we approach Thanksgiving, I wish you and your family a safe and Happy Thanksgiving filled with the bounties of this holiday and be thankful for our blessings.
I hope you are doing well during this unusual time. Since the Covid-19 SIP, we have stayed active and happily can show homes again by appointment with strict guidelines. Pricing has stayed consistent and we will see how things develop over the next few months but we are all feeling positive.
Click on the photo to view our entire electronic magazine.
Click on the photo to view the electronic magazine report.
Here is our 2018 Annual Real Estate Report. Hope you find this informative. Please Click Here to view our electronic magazine. You will see it arranged by communities.
Our staff has just completed the 3rd quarter report Market Report reflecting statistics active and sold listing statistics for the Monterey Peninsula communities.
The digital version is available HERE and also located on our website under Market Reports.
Feel free to call me if you have any questions.
Everyone is always interested in what the market is doing. Here is the 2017 annual report.