Musings of a Career Consultant

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How’s the Market? April 27, 2011

In Glendora, La Verne, San Dimas and Covina?

We have 45 new homes on the market which scared 47 to reduce their price. 52 went into Escrow with 39 Closing Escrow. What do these numbers mean? That we’re basically servicing the listings we have with the Buyers on the market. But basically we’re not Closing as many as we could to level it out.

If you’re a Buyer, get more aggressive with your Offers. Don’t know how to do that? Give me a call.

If you’re a Seller, get more aggressive with your Marketing (or be one of the 47 that reduced their price). Not sure what you could do? Let’s chat.

Should you have any questions about anything you’ve read here, would like more details about a certain area of these cities or if you’re interested in another city in the San Gabriel Valley or Inland Empire, please feel free to call your favorite REALTOR :)

And, I can always send you a FREE Market Analysis on your home, just ask.

 

How’s The Market? March 16, 2011

That depends! Are you looking to Buy, Sell, Invest or Rent?

In Glendora, the average price is $423,273. There’s about 17.18 months worth of inventory which labels the city as a Buyer’s Market (but certain areas of the city are a Seller’s Market). Properties are staying on the market on average 138 Days (and if that’s a regular sale, that’s WAY too long but it’s very understandable for Short Sales). The average price per SF is $263 but make sure you’re reading that right… the AVERAGE. Different communities will have different numbers. And, there’s approximately 171 properties on the market.

Should you have any questions about anything you’ve read here, would like more details about a certain area of Glendora or if you’re interested in another city in the San Gabriel Valley or Inland Empire, please feel free to call your favorite REALTOR 🙂

This information was obtained through Altos Research, LLC.