HIGHS AND LOWS - SAN DIMAS, CA - AUGUST 24, 2011

HIGHS AND LOWS - SAN DIMAS, CA - AUGUST 24, 2011

Okay, so here are the prices in SAN DIMAS, CA as of today, August 24, 2011.

Single Family Residence

Lowest Price        $  183,500

Highest Price       $2,250,000

Average              $    335,000

No. of Listings                 136

Sold this Week                    7

What this means to you: You have more information so you can make an informed decicion on whether SAN DIMAS is a good decision for your family and if the prices are within your grasp.

The other thing you can take away from this is the saturation rate.  The saturation rate is determined by the amount of sale in a week and the number of listings on the market.  So in this case, there are 136 homes currently listed.  If you divide those by the seven sold this week, it means that it would take more than 19 weeks to sell everything already in the inventory if no more listings are put into the market place.   

How this affects you:  If you placed your home on the market today it could take as long as five months to sell your home or as little as a day.  This would depend on how competitive your price is, the condition of your home and the aggressiveness of your agent's marketing campaign.  If you are a buyer, there are more homes to choose from and you have a better chance of getting an offer accepted.

Condos and Townhomes

Lowest Price        $  160,000

Highest Price       $  398,000

Average              $   274,000

No. of Listings                 35

Sold this Week                  1

So the saturation of condos and townhomes is 35 weeks if nothing more comes onto the SAN DIMAS REAL ESTATE MARKET.

And, as always, if you have real estate questions or need to buy or sell a home, please feel free to call me, a local expert.  I will be honored to assist you.

SAN DIMAS LIVING! 

Warmest Regards,
Linda K. Mayer,
Realtor, Office Manager  
License # 01767321
A Realtor you can Trust!
(626) 824-8927 Cell
LindaKMayer@live.com
Linda's Website