Real Estate Trend On The San Francisco Peninsula
Today I held an open house at 585 Anchor Circle in Redwood Shores.
The home was listed just under one million dollars.
The activity was amazing. There were over 25 groups through during a three hour time frame.
What that tells me is the market in San Mateo County is strong and robust! These guests of this open house were not nosey neighbors wanting to see the inside of their neighbors house. All of these guests were bonafide buyers ready to purchase the home of their dreams!
I am also seeing licensed real estate agents showing their clients homes. This week alone there were 7 showings of the home in Redwood Shores.
When I see this sort of activity in the market place it tells me sales are on the upswing. With increased sales there is a decrease in inventories.
If you are looking to purchase a home this year now is the time to do it. If you don’t some other buyer(s) is going to buy your home. Now is the time to make a decision.