College-Glen Real Estate VIDEO update Q1 2016
Doug Reynolds, a Sacramento Area Realtor, lives and specializes in College-Glen Real Estate.
Tons of great information about College-Glen can be found at my website: www.CollegeGlenRealEstate.com
The First quarter for College-Glen real estate statistically looks like it was a rough 3 months but the market finished the quarter red hot and will be reflected in next Quarter stats.
College-Glen and the Sacramento market as a whole has returned to a “traditional market” that follows a pretty regular cycle. Sales are slow to start the year, pick up in the spring, hit their peak in the summer, taper off a bit in the fall and then really slow down during the holidays and winter.
The market started the year slowly as buyers came out of their holiday season hangover. As February and March rolled around the inventory was extremely low and the buyer activity was fierce. By the end of the 1st Quarter in the neighborhood, we were seeing multiple offers on nearly all listings and selling above list price. It will be interesting to see how long that trend will last but for now it appears to be more of that for the second quarter of 2016 for College-Glen.