crescent oaks MARKET UPDATE
nov ����
H
ere’s what is happening in real estate for Crescent Oaks Residents. The most exciting news to report year to date is the increase in average sales price of $1,453,917 (26%) over last years average of $1,150,000! Crescent Oaks homes are selling at 99% of their list price. Of the 3 homes that have sold year to date, 2 sold above their asking price. The average current price per square foot ($417) is at it’s highest its been since 2008 ($456). 1762 Red Rock Ct. sold in If you are thinking of 2012 for $1,350,000 and again recently this year for $1,499,000. moving, buyers are willing to
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pay a premium.
Buyers are clearly making a statement here. As the economy continues to improve and interest rates remain low, buyers are becoming more confident in the market and willing to invest in real estate. Banks are beginning to loosen up on loan qualifications making it more attractive for prospective buyers to enter the market place. If you are thinking of making a move, buyers are willing to pay a premium. We are consistently introducing new buyers to North Ranch on a daily basis. If you are having thoughts of selling or curious what your home is worth, contact us for a comprehensive market evaluation.
Sergio Gonzalez 310 877 5045 / cell 805 267 9521 / office sergio@sgassociates.com www.sgassociatesre.com
PRSRT STD ECRWSS U.S. POSTAGE PAID EDDM RETAIL
LOCAL POSTAL CUSTOMER
AVERAGE DAYS ON MARKET
AVERAGE CLOSED SALES
160
8 147
120
6
118
80 73 40
64 26
2008
2009
2010
2011
2012
4
4 3
2
0
2013
1
0 2014
2008
AVERAGE LIST PRICE
2009
2010
2011
2012
2013
2014
AVERAGE SALES PRICE
$1.8 M $1.6 M
6
4
$1.7 M $1.5 M
1.6 M 1.5 M
$1.4 M
1.2 M
1.2 M
2008
2009
2010
1.2 M
$1.1 M
1.2 M
1.1 M
$1.0 M
1.5 M
$1.3 M
1.4 M
$1.2 M
1.6 M
1.1 M
1.2 M
1.2 M
1.2 M
2010
2011
2012
2013
$0.9 M 2011
2012
2013
2014
2008
2009
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2014
Your home is worth more than you think! Home prices have steadily increased in the community. Find out how much your home is worth in today's market by visiting NorthRanchHomevalues.com. It’s 97% more accurate than Zillow.
NorthRanchHomeValues.com