Accuweather in Lake Arrowhead May 21, 2018
2018 MARKET HAS AN UPWARD TREND. SALE PRICES SOFTEN A BIT. IT COULD BE JUST A BLIP. We’ll see.
As we near mid-year and the sales peak of Summer, it seems a good time to prepare for ‘future think’. The table of change in the last three months is telling us that prices are softening in velocity and homes are selling even faster.
New on the market sellers are more confident than ever with Comparable List Prices rising 2% in three months. Sellers are negotiating harder too, with the Median Sale Price giving up only 1.4% from the asking price. We must be cautious in our entheusiasm for the negotiated ask price as the seller may have had one or two previous price reductions.
Seems like too many ‘softening’ articles but I follow the (presumed) forecasters
Call Bob; 24 hours for your price
Be aware of what’s happening daily in our mountain real estate market. Click any image below.