that is, what have buyers been choosing to buy recently?
For single family homes listed at;
$0 - $599,999 – 69 are in contract & 240 are for sale
$600,000 - $999,999 – 15 are in contract & 114 are for sale
$1,000,000 & UP (UP being to $13,900,000) – 5 are in contract & 92 are for sale
(links to expire 12/24/14)
So a fair number of contracts (up to about $900k, anyway). But as you might expect the real estate biz is about to slow down for the holidays, and anytime it slows down, whether it’s for the holidays, or the heat of summer or for some unknown, inexplicable reason, sellers tend to get concerned and worry when their next showing will be. And if you’re a buyer, and showings are few and far between, that can be a good time to try and make a deal. It’s certainly a better time for deal making than at the height of the season – from January thru May – when sellers expectations are at their highest.
I also think if your house is for sale, especially if it’s been for sale for some time, that some sellers are more motivated at this time of year because they would like to get it over and done with this year, and be able to start the new year fresh, with the sale behind them. Or at least firmly in contract and on its way to COE.
see TheFoothillsToday.com
to find your Catalina Foothills Home
