Things Look Good!
Our team does a lot of listings in the Springwood area of Concord, CA. It is so great to see how well the market is performing in that area recently. Now that we have dipped into 2016, we thought it would be a good idea to revisit how the neighborhood performed during the (typically slow) last months of 2015. How a neighborhood performs during the slow time of the year, can be a great indicator of how the following Spring will do.
Please note, we are looking primarily in the Springwood/Bishop Estates areas bordered by Bailey Road, Concord Blvd., Denkinger and Clayton Road. Also, this post only includes single-family detached homes.
Shall we take a look at some revealing numbers? Alright then! (Don’t worry, we won’t make it too boring) 😉
Days on Market
First let’s take a look at the days on market statistic. This can be a strong indicator of home demand as it shows how long a home is on the market until goes into contract.
As you can see, there were 13 listings in the Springwood area since November 1, 2015. The average days on market sits at 20 days. Which for November, December and digging into January…that’s a great sign! A few homes went into contract in 1 or 3 days…wow! Those home sellers must be dancing they’re so happy!
That’s a great indicator that home sellers in the neighborhood can expect strong Spring and Summer performances. With other East Bay areas being insanely expensive, homes are performing extremely well in this area of Concord, CA. It also helps this neighborhood is within walking distance to El Dorado Middle School, Concord High School, and Silverwood Elementary is nestled right in the middle.
Now, shall we take a quick look at what homes are selling for in the Springwood area? Well, okay you talked us into it! 😉
List And Sold Prices
I will include another MLS screenshot below that will show you the average list and selling prices for homes in this area of Concord.
As you can see, the average listing price for those 13 listings sits nicely at $561,999. Yet look right below and you’ll see that the average sold price sits even better at $591,000!
And let’s not forget, this is mostly from the months of November and December…the slowest time of the year! We are really excited about what is going to come here in 2016. You’ll be seeing our team in the neighborhood very, very soon!
What We Have Seen In Springwood Lately
With our consistent activity in the neighborhood, we are very in tune with what home buyers are looking for. We use this “pulse” on the market to aid our home selling clients in getting maximum results in the sale of their homes.
We are seeing some listings sit for a bit of time, while others sell quickly. This tells us that home buyers are doing their research on the neighborhood. They are learning the optimum locations and are pouncing on those over homes on cut-through streets, or with higher traffic.
What we are also seeing, is that families know how family-friendly the neighborhood is. With the elementary school at it’s heart, and the community pool…home buyers are aware of how they will fit within the community. Many of the homes have similar, if not identical floor plans that are beneficial for families. While single-story homes do extremely well, one of our most successful listings in the neighborhood last year was two-story! Many of the two-story floor plans have a bedroom and full bathroom downstairs. This has been a huge factor for families that often have their parents/in-laws visit.
What It Comes Down To
The key is, home buyers are smart. They are represented by intelligent real estate agents, and they know what they are looking for. Our job is to help home sellers accentuate the positive characteristics of their home to buyers. With a detailed marketing schedule, we see consistent success with the listings we represent in the neighborhood. Whether it was 4619 Springwood Way, 4637 Candlewood Court, or 1785 Glazier Drive, our team generated fantastic results for our sellers! Feel free to check our Client Reviews page 🙂
Do You Have A Home In The Neighborhood?
We think it would be fantastic to get together regarding the current value of your home, and your goals. Our team is happy to not only provide you a home value analysis that is free of charge, and with zero-obligation; but to also dig into it and show you exactly why we see your home at the value we conclude.
We also provide you an in-depth marketing calendar and thoroughly explain what we do, how we do it, and WHY we do it. Our approach to marketing listings is incredibly thorough, with the goals of gaining maximum exposure to the right buyer audience, and providing the correct information to them.
Here is a free eBook on how to Win at Selling Your Home!
We put together that eBook recently; and love giving it away. Hopefully it can be helpful to you!
Check below to request a free home value analysis! Or just hit the Contact Page!
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