August 21, 2020
2 MINUTE READ
Hi again, California. Gosh we missed you.
This week, we’re happy to report that real estate data continues trending in positive directions. With all that’s going on in our neck of the woods, maintaining chill can be tough, so we’ll take all the good news we can get. Here’s what else we’re tracking:
What’s this all about?
As we emerge from our safe rooms and get more comfortable with the new normal, sellers are again putting homes on the market. For the first time since the pandemic began, new listings growth has surpassed its January 2020 level.
Why is this important?
“With this year’s delayed start of the homebuying season…we expect home sales to remain robust in August and September, extending the season later than what’s typical,” CAR President Jeanne Radsick said in a news release.
If you’re selling a home, it means now may be a good time to enter the housing market, while supply is low and demand is high. For buyers, you have plenty of time to get your ducks in a row so you can make a move when the time is right. You shouldn’t be surprised to discover Reali can help. 😘
These days, the average price for a single-family home is just over $660,000. Across California, we took a look at what you can covet for that price. Or perhaps claim as your new kingdom.
Adorable mid-century single-level
Move-in ready 3 bed, 3 bath condo
Recently updated townhome
Massive entertainer’s oasis
Not $700,000 or less – but we can dream, right? Saddle up!!
This SLO County ranch — where outlaw Jesse James once stayed — is for sale for $38 million