Recently we’ve been experiencing weather that feels more like summer which in turn has created an interesting effect on Seal Beach home sales. Typically the winter months are slower for home buyer traffic, but one look at pending home sales (homes in escrow) and it’s clear the season has started early.
Just how much have homes sales improved from last year? In 2013 during the month of January, there were exactly four homes sold in the entire city. Compare that with the five pending home sales and two that have already closed and you can begin to understand how the weather (or market) is effecting Seal Beach real estate.
Another observation provided when looking at homes sold and/or in escrow, is the number of homes available for sale Seal Beach. “Low Inventory” was the catchphrase overheard in nearly every conversation about real estate in 2013. It’s evident that the inventory shortage trend of 2013 may have begun a move in the other direction.
But what about the price of these “off season” home sales? Are seller’s slashing the price of their Seal Beach homes just to get them sold because it’s winter? The real estate market posted gains here as well. In January of 2013 the least expensive home sale was $550,000 compared to $659,900 in January 2014. It’s not just the weather that has warmed up, it’s also the sales price of homes in every Seal Beach neighborhood.
Naturally this information sparks the question, “is now finally the time to sell my home”? There are many online tools to help answer this question. The resource trusted by the majority of local home owner’s is www.SealBeachHomeValues.com. Once you have an accurate idea of your home’s value, all that is needed is to contact a local reputable Realtor.
Curious to know what your home is worth? Find out in 10 seconds. Click HERE