Real Estate Agent West Sacramento – SOLD by Allan Sanchez
West Sacramento is a great option for first time home buyers because it offers a lot of affordable homes, a central location, and many amenities. Last week I sold 4002 Martis Street in Southport to a couple who is very excited to move into their first home. This house was a total score with 4 bedrooms, 2.5 baths, over 2,500 sqft. and in great condition. The best part was the sales price…$255,000. This was a West Sacramento short sale and we had to wait a few months for bank approval. The house actually appreciated while we were in escrow. These buyers are moving in with instant equity. I could probably sell their house right now for $300,000!
It’s a very competitive time in the West Sacramento real estate market. Home inventory is LOW making it a seller’s market. Buyer demand is UP and buyers are finding it very hard to get their offers accepted. Right now, I can list a West Sacramento home at market value, show the property for a couple of days, and come away with several good offers. If you’ve been wanting to sell your West Sacramento home, now really is a good time. Whenever you have competition for your house, it will sell for more money in a short amount of time.
West Sacramento sellers shouldn’t expect this seller’s market to last. As more homeowners catch on to the market and decide to list their home, the increased inventory gives buyers more options to choose from. There are also a lot of brand new homes coming on the market. Builders too realize the demand and they are building new communities in droves! This also gives buyers more options. Interest rates are another factor to pay attention to. They are starting to creep up and when they make a significant leap, you can expect less buyers shopping for homes. With all of these new factors, I’m already starting to see home values flat-line.
As a West Sacramento real estate agent for 15 years, I’m seeing more changes than I have in a long time. It’s can be hard to keep up on the current values because they are all over the place. Find out the value of your West Sacramento home.
Real Estate Agent West Sacramento – SOLD by Allan Sanchez
Leave a Reply