We are now one month into 2017, and it didn’t take long for the market to reset itself after the holidays. Immediately listings started popping up as the new year began. January 3rd marked the first listing of 2017, and they haven’t stopped coming!
We are now at the tail end of January, and so far there have been 33 brand new listings in Walnut Creek, CA this month. That is significantly more than what our update in Concord, CA states, as Concord has a higher population than Walnut Creek.
What this tells us is that home owners in Walnut Creek, CA know that home buyers are hungry for homes. They are aware that we are approaching the best time of 2017 to maximize their home sales. And they are right. Of the 33 homes listed so far this year, 11 of them are pending already.
Home Buyers Want Walnut Creek Homes
Why do home buyers want to get into Walnut Creek, CA? There are many reasons! Schools in Walnut Creek, CA have excellent rankings. It is in a fantastic location for those who have to commute into San Francisco for work. Plus the shopping and cuisine options are second to none here in the East Bay. It’s no wonder Walnut Creek is so heavily coveted by home buyers.
Another piece of data showing how home buyers want Walnut Creek homes, is that of the 11 homes pending so far there are only 3 that were on the market more than 10 days. Homes are being scooped up quick. So if you are a home buyer, be prepared to act fast!
One last number to have a look at. Of the 33 listings to come on in 2017 so far, the average listing price is $1,044,603. Do we really need to explain more about why the Walnut Creek Real Estate Market is off to a fast start in 2017?
Why is now a good time to sell your home?
It seems to be expected that interest rates will start to slightly increase as the year progresses. Which could explain why home owners are looking to sell in the first half of the year as opposed to later on.
Also, we are reaching an industry pinnacle where the marketing of your home is absolutely crucial. This is something our team is particularly mindful of, because it leads to us generating the best possible results for you. One of the things we do when we offer a free home valuation, is we present a cohesive marketing plan. We want to show you in all transparency what our plan of attack is in finding qualified buyers for your home.
As we are in the beginning of the new year, now is the time to start planning for your home to be sold. We are a simple phone call, or a message away if you have any questions about the market.
We hope everyone has a wonderful 2017! This year is already shaping up nicely in the real estate world!
Latest posts by Matt Quanstrom (see all)
- Walnut Creek Real Estate Market Report, January-March 2017 - April 4, 2017
- Concord Real Estate Market Report; January-March 2017 - April 4, 2017
- Walnut Creek Real Estate Market Report February 2017 - February 24, 2017