What's Your Home Worth?
The current market value of your home is a subjective number that is influenced by a number of factors, including supply and demand, property condition, etc. Buyers' perceptions can also change quickly. Pricing a home is one of the most important parts of marketing, and it will influence your showing activity, the number of days on market and perhaps most importantly, your eventual sales price.
In today's ever-changing real estate market, it's more important than ever to price your home competitively. NorCal real estate trends are critical in establishing a realistic and competitive list price, and we will help you understand what these trends are and what they mean for you. We have the experience to know how to price your property to make sure it not only sells, but that it sells for top dollar with terms that are acceptable to you. It's about more than just price! There are a lot of moving parts in a contract that affect your bottom line. You can see a good example of local market trends that we consider in the chart below.
Northern California Free Home Evaluation
If you're curious about your home's current value, we offer three easy and free options: 1) If you would like a more hands-on approach, submit the form below and we'll email you a free Comparative Market Analysis (CMA) that one of our team members will prepare based on their personal research. 2) If you received a postcard from us with a personal code for a quick value estimate, enter your code in the box above and submit. 3) For a quick, online CMA and a more detailed, personal report, click on the "What's my home worth?" button below and enter your information. Within minutes, we'll send you a detailed report by email. Whatever method you choose, we will provide you with market-oriented information that can be a great starting point. If you want us to see your property and deliver a more detailed and accurate analysis and competitive pricing strategy, simply indicate that in the Comments section below.
It's also important to take a look at the broader real estate market trends to be able to properly analyze and position your property in the market today. For example, what are the trends in marketing times, competitive inventory, the number of sold properties in your micro market, the number of pending properties, etc.? Failing to research and analyze these trends can cost you money.
Trends in the market can be at least as important as comps, and ignoring them could mean that you end up putting your home on the market at the wrong price - either high or low. For example, let's say a house down the street from yours sold 3 months ago. The buyer and seller actually reached their agreement on price as much as two months prior to that - or 5 months ago. We've seen markets shift considerably in 5 months and the level of competition and overall trends could have been much different at that time. Analyzing market trends will help us understand that and position your property more accurately in the current market.
Placer County Real Estate Market Trends
Below are current market-data trends for all Placer County areas combined. You can customize the search results with your county and/or neighborhood by clicking "here" in the top, right-hand corner of the graph. See data for Sacramento and El Dorado Counties here:
*Your information will never be shared with any third party.