San Dimas Market Watch - May 24-30, 2013

San Dimas Market Watch - May 24-30, 2013

Okay, so I know I have been away for a couple of weeks, but I was visiting my son in NoCal. It was his birthday and he was commissioned as a youth pastor at a church while we were up there.  Such an exciting time in his life!

Now, let's get down to it.  This week in San Dimas only 5 new listings came on the market.  Not very many considering the huge jump in prices we have seen in the last couple of months.  It seems like more people in San Dimas should be ready to do that move they have been waiting to do for the last few years.  Especially folks who are ready to retire and move closer to their kids or downsize.

  

There were 2 homes that went pending (into the escrow process) and 4 soldhomes this past week.  One listing expired and 2 more have gone into back-up which means an original offer has been accepted and they are simply taking back up offers in case the first one backs out or falls out.  Pretty smart in these crazy real estate times.

So in recap, only 5 homes came into the San Dimas market and when you take into consideration the 2 backup, 1 expired, 2 pending and 4 sold (a total of 9) you can see that San Dimas is stilll slow and still a sellers market.

When you are thinking of buying or selling a home, contact me, a local expert.  All real estate is local down to the neighborhood still and so you need someone who knows what's what in that area.  I stay on top of the cities I serve in the SoCal 210 Corridor (such as San Dimas, CA) as you can see and will be more than happy to help you with your real estate needs from free home valuations to answering questions and of course helping you buy a house or sell your home. FREE HOME VALUATION FOR THE MONTH OF JUNE.

**All statistics are taking from the IMRMLS.

Serving the 210 Corridor - the cities of Monrovia, Duarte, Azusa, Glendora, San Dimas, La Verne, Claremont, Upland, Pomona, Chino, Chino Hills, Rancho Cucamonga and Fontana - wherever the need arises.

Warmest Regards,
Linda K. Mayer, Realtor, SRES
License # 01767321
A Realtor you can Trust!
(626) 824-8927 Cell
LindaKMayer@live.com 
Linda's Website (Home Search
Reliable Senior Help
Daily Senior News Articles 

San Dimas Market Watch - May 8-14, 2013

San Dimas Market Watch - May 8-14, 2013

Okay, so the last statistics have proven to you that it is definitely a SELLERS MARKET. But the trend is continuing here in this week's San Dimas Market Watch.  

Last week, there were a total of 4 new listings.  Less inventory means higher prices and makes it a sellers market in San Dimas.  When you compare this week's 4 to the 1 sold homes it doesn't give you much of a picture.  But when you add the numbers together shows, that this is definitely still a sellers market in San Dimas, CA.

    

What does this mean to you if you want to sell?  This means that your home will be sold in a short period of time and many times will sell for more than the asking price.  Naturally, this doesn't mean that you can price your home high and expect the same results.  But that's another whole blog.  This whole environment can cause bidding wars which can make the price of your home increase by quite a bit.

There were 3 price changes, and 2 more have gone into back-up status.  Back-up status means that the home has an accepted offer but for some reason they are preparing in case the buyer backs out, or for some other reason like a short sale waiting on the bank's response. And when you figure in the 4 that went pending (into escrow), that's a whole lot more properties than came on the market this week.  

So, in recap, 4 pending, 1 sold, and 2 into back-up for a total of 7 homes off the market.  When you compare that to the 4 that came into the market, you can easily see why this is still a sellers market in San Dimas, CA.  The market is pretty slow here right now in general, but you can see from the numbers that we are still buyer heavy.

If you are thinking of selling in the SoCal 210 Corridor, please call me for a free home valuation during the month of May.  And if you have real estate question, or other real estate needs, please don't hesitate to call me. I will be honored to help you.

**All statistics are taking from the IMRMLS. Reflects the week of May 8-14, 2013

Serving the 210 Corridor - the cities of Monrovia, Duarte, Azusa, Glendora, San Dimas, La Verne, Claremont, Upland, Pomona, Chino, Chino Hills, Rancho Cucamonga and Fontana - wherever the need arises.

Warmest Regards,
Linda K. Mayer, Realtor, SRES
License # 01767321
A Realtor you can Trust!
(626) 824-8927 Cell
LindaKMayer@live.com 
Linda's Website (Home Search
Reliable Senior Help
Daily Senior News Articles 

San Dimas Real Estate Market Watch - February 7-13, 2012

San Dimas Real Estate Market Watch - February 7-13, 2012

Market Watch

New Listing (14)
Price Change (8)
Back On Market (2)
Backup Offer (6)
Expired (2)
Pending (9)
Sold (3)

Okay, so here is this week's  San Dimas Real Estate Market Watch - and we're off and running!

This week there are 14 new listings which is a good sign that people are getting more and more confident in the real estate market.  Three sold and nine went into escrow.  That's three homes that have new owners and nine that will hopefully in a few weeks.  So home sales are happening in San Dimas.

There are two that went back on the market and six that have gone into backup status.  Usually the homes that go back on the market are homes where the buyer has backed out for some reason and the seller has to start all over again.  Most recently the reason most buyers back out is because of the time it has been taking for the lenders to approve short sales.  To be fair, the lenders are working on it, but it hasn't helped much to this point.

You know, I try to be positive about the amount of price changes and this time I can.  This week in San Dimas there were eight which is actually down from double digits last time I blogged.

I try to stay on top of my communities and be a local expert for all of them.  So if you are interested in buying or selling a home or simply have questions about real estate, please feel free to contact me.  I will be more than happy to assist you!

**All information is taken from the IMRMLS.

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