Keeping You Current with the Alameda Market
Dear Friends,
The home selling/buying season continues to move forward with increased interest and inventory. Properties on the market are back to receiving multiple offers.
One interesting thing to note: The COMING SOON category continues to grow in numbers. This is a newly popular category for Realtors to test the market without accumulating Days on Market. Buyers can request showings for COMING SOON (CS) properties anytime – In fact, I am seeing some CS homes go pending before officially hitting the market. COMING SOON, in essence, is the new OFF MARKET.
PRICING – Local realtors are mixed about whether to continue underpricing or transparent pricing. This is causing some confusion in the market. Please reach out to me if you need help de-coding the pricing.
As always, the health and safety of my community is my top priority. If you want more details about how I am safely helping buyers and sellers, let me know.
Stay well,
Sophia
Condo, Townhouse & Single Family Properties (5/20/20)
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