The market makes itself known…..This week there were 4 Price Changes amongst the active listings. That may be a record for this year. And it seems some of the Sellers are not ‘getting what they want ($$$) out of the property. So if they really want to sell, the prices come down. Like the old adage says…” What goes up, must come down.”
Here are some phrases that I found this week in the MLS
-“Matured buyer ready to buy” (How old is the buyer? I think this type of description is now against the MLS rules?)
-“Oakland hills SFH for $889/ Open Sunday 2-4 pm” (This a great deal – house for only $889 dollars)
-“It’s a 3 berm, 2 bath home.” (a berm is a flat strip of land, raised bank, or terrace bordering a river or canal.)
-“Needs a Lot with a water or mountain/hill view to build a home.” (I have no idea what this means.)
-“Modern with pool’ up to $8m’ (Do these buyers want a modern pool up to 8M dollars? )
-“Passionate’ (I don’t want to know these folks….this was the agent’s description in the MLS.)
-“Seller’s are now relocated to Florida and really want to move their home.” Does the Seller want to move that home to Florida?
I may not be the best at writing a description, but these are just a bit weird.
AC (active contingent on selling another property)
PCH (price change)
PSB (pending sale, want backups)
DOM (days on market)
Active Listings this week 48 incl. 4 PCH
DOM high 1594 low 5 avg 68 meds 26
Pending Listings this week 25 incl. 3 PSB
DOM high 150 low 0 avg 21 meds 113
Sold Listings this week 13
DOM high 30 low 0 avg 10 meds 7
THAT’S IT FOR THIS WEEK! Contact me if you have ???
Be safe, be well, and any rain/sprinkles would be very welcomed!
I arrived in Alameda in 1973, as a new bride...with husband Carl Schumacher, both of us from Newport Beach. He was embarking on his career as a Naval Architect (i.e. yacht designer) under Gary Mull. Please see the 'ABOUT ME' page on this website! www.MarilynSchumacher.com to see how it has all turned out! I'm so blessed!
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