Lately, great homes for sale under $1,000,000, here in the Conejo Valley, are going into multiple offers. So how do you win the bid? Watch this quick video to learn some great tips on putting together the best offer package to win your dream home!
Want to know more about the mortgage letter you should submit? Click here.
There are three ways to price your home when you are selling it: low, high and just right. The just right price is the one that brings in the buyers, generate excitement about the home and may lead to multiple offers which may drive the price up above that “high” price point.
Here’s your 1st quarter real estate market update for the Conejo Valley and it’s looking great out there! Home values are up from 4th quarter and things are selling more quickly too, about 1-2 weeks better on average. The Spring market is here!
Average price of sold homes
Westlake Village – up 15%
Thousand Oaks East – 12%
Thousand Oaks West – 10%
Agoura/Oak Park – 1%
Newbury Park – 1%
When we look at the data, the sweet spot for activity is definitely homes priced $500,000-$999,999, but overall 558 homes sold this quarter in all price points so our inventory is selling.
Days on Market tends to increase with price point (so the more expensive the home, the longer it takes to sell), but homes that are in great condition and staged properly are the most appealing to buyers and often have multiple offers within days of going on the market. Buyer are being picky and swoop up the good ones as they come onto the market.
It’s a great time to sell if you are thinking of doing so. Give me a call – I’d love to help: 818-383-4335.