SAN DIMAS REAL ESTATE MARKET WATCH - AUGUST 13-19, 2011

SAN DIMAS REAL ESTATE MARKET WATCH - AUGUST 13-19, 2011

Market Watch

New Listing (4)
Price Change (17)
Back On Market (5)
Backup Offer (4)
Expired (2)
Pending (11)
Sold (7)

Okay, so this is another exciting week for real estate in SAN DIMAS.  Four new listings and seven sold.  As you can tell, the homes are getting sold and the inventory is shrinking.  So if you are thinking of buying a home, it's time before they all get gobbled up.  And if you are thinking of selling your home, well the laws of supply and demand come into play.  Lower supply, larger demand raises those home prices just a bit for you.  


Wow, eleven homes went into escrow this week.  That means that in approximately 30-45 days these should become sold houses as well.  Congrats to  those families and good luck in your new home!  Four homes have gone into back up status which, as I have explained before means that an offer has gone to the bank and they are taking more offers in case the buyer drops out.  Hopefully they will all go into escrow and become sold as well.  Congratulations to all those agents with the sales, escrows and backups!  Go get 'em.



Pricing.  Wow, I can't say enough about an agent who knows how to price properly from the beginning.  It is important for buyers and sellers alike to know just exactly what they are dealing with.  So seventeen price changes is actually quite a lot especially right now while homes are getting sold at a really fast pace.


And, as always, if you have real estate questions or need some help with selling or buying your home, turn to a local expert.  Give me a call and I will be more than honored to assist you.

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