HOME PRICES IN WATSONVILLE CA for November 2013 (including La Selva Beach, Corralitos, Royal Oaks, Mt. Madonna, and Pajaro Dunes)

HOME PRICES IN WATSONVILLE CA for November 2013 (including La Selva Beach, Corralitos, Royal Oaks, Mt. Madonna, and Pajaro Dunes)

We have seen several months of price increases on SOLD HOME PRICES in Watsonville (95076) and the surrounding area.  If you are considering buying a home, you can still find deals, but having a good real estate agent who understands the market is a must.  Don’t stay on the fence too long. As you can see in the graph, listings are not selling for their asking price.

To make sure you don’t overpay for your home, you want an agent who knows the market and has the statistics to support an “offer” price. A reminder to all buyers is that a low inventory is one indicator that prices should continue to rise. Now is the time to buy. Sellers should make sure to price their home near the market value if they expect to get an offer from one of those interested buyers.

WATSONVILLE CA HOME PRICES

The number of active listings in Watsonville (95076) dropped by 7.8% from the previous month.  The median number of days active properties have been listed is 92. The number of sales in September dropped by 90.9% from the previous month. The percent of owner occupied properties in Watsonville (95076) is 16.44% below the national average.  The percent of rental properties in Watsonville (95076) is 26.7% above the national average which is typical for urban areas.

WATSONVILLE CA REAL ESTATE REPORT SUMMARY (95076 – Including La Selva Beach, Corralitos, Royal Oaks, Mt. Madonna, and Pajaro Dunes)

The median list price in November for single family homes in Watsonville CA is $604,280. The number of active listings in Watsonville CA is 142 and the Median Days on Market is 92.  6.3% are Distressed Listings (Foreclosures and Short Sales).

FIND HOMES FOR SALE IN WATSONVILLE and surrounding cities  Visit my website to SEARCH FOR HOMES IN WATSONVILLE CA or be notified when new homes come on the market.

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Thank you for reading about Home Prices in Watsonville CA (95076) for November 2013. 

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Mr. Seller... Did you wait too long? The real estate market has shifted in Watsonville, La Selva Beach and Corralitos

The real estate market has shifted in Watsonville, La Selva Beach and Corralitos and the proof is in the numbers.
Even though interest rates are still at historical lows, the buyers have seemed to slow down on buying - as evidenced in a higher inventory of homes for sale (even compared to last year).

So, what does that mean if you are a BUYER? If you were one of those buyers who was out-bidded during the buying frenzy of the summer, this is great news for you. You have a bit of room to breathe. The inventory is higher, giving you more options. And the interest rates are still so very low.

My advice for BUYERS: If you find the house you want… BUY IT!

What does this mean if you are a SELLER? Price your home right! Homes that are priced according to the market sell no matter if it is a Buyer’s Market or a Seller’s Market. Overpriced homes will sit and sit and sit. Then, a buyer who knows the property has been on the market for a while will make a lower offer. But, if you price it right at the beginning, your home will be one of those that sale. Notice the huge increase in the Days on Market. Pricing right the first time will greatly reduce the days your house will be on the market.

My advice for SELLERS: Price your home right the first time. Be aggressive in price reductions.

When you are ready to BUY a home, SELL a home, or INVEST in real estate, give me a call. I will help you save time, money and stress.

Stats from MLSListings, Zip Code 95076

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