Yucaipa CA Real Estate Conditions
For the month of February, there were only 23 homes close in Yucaipa per the MLS, so not much is moving. As of today, there are 383 homes listed 'for sale' (as active) in the Yucaipa MLS. Statistically, a little over 1 in 17 homes are selling - just not a good number when you are a seller. My concern for sellers is that we are approaching a historically busy period of the year (who knows about this year though) with a great deal of inventory. Most of the homes that are selling are not 'average' homes. They are either priced low or have a great deal of amenities such as a pool, spa, etc.
On the other hand, this is great news for buyers. Buyers are finding fantastic pricing and homes with many amenities priced similar to homes without all the features. With an abundance of inventory, buyers can be picky and get a home that is exactly what they are looking for.
February Real Estate Sales - Yucaipa, California
February Real Estate Sales - Redlands, California
I would like to hear what the readers of my blog are thinking! Post your comments below.
This kind of information can prompt a buyer to buy at a time when he/she can afford to buy at an affordable price. I think this kind of information will definitely result in an increased sale. I think so, at least.
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Great news for buyers. I find it interesting that homes with and without amenities are similarily priced.
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Helpful information whether you are a buyer or seller. Thanks Roger!
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I found this information very interesting, it's great to hear this kind of information on the housing market.
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I'd hate to be a seller right now. But this is good news for buyers. Hopefully this will help us out after our move. Thanks!
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