This shows the relationship between offers and overbids in one Berkeley neighborhood. 120% means the home sold for 20% above the list price! The trend line for this neighborhood indicates that homes which had 2 offers generally sold for 15% (or more) above the asking Continue Reading
The sales prices for homes with the same number of bedrooms were sorted the sales price from lowest to highest, so this graph gives a quick gauge of a home’s range of value. A 3 bedroom home in average condition and location would sell for the median of about Continue Reading
This visually shows we’re in a strong real estate market. Most homes … even those listed for more than $3,000,000 sold with overbids Each data point is a sale, and the sales which are above the diagonal line sold for more than the list price! Let's talk! Continue Reading
A ratio of 150 means the home sold for 50% above list price. Sales activity and prices peak at about 14 days … simply because most #Berkeley sellers review offers after two Sunday Open Houses and weeks on the market. Selling? We strategically price position your home to Continue Reading
We’ve been through one 10-year cycle from 2001 to 2011; it looks like we’re still in the rising-price part of the current sales cycle. Thinking of selling or buying? Let's talk! #Berkeley #RealEstate #MarketTrends Continue Reading
How do automated value estimates from Zillow, realtor.com, Redfin and the National Association of Realtors compare to actual prices? Our sales report shows you. Neighborhood sales prices and online valuation estimates are helpful when deciding where to position Continue Reading
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