College-Glen Real Estate VIDEO update Q4 2017
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
Now that the Fourth Quarter of 2017 is finished, here’s a look back at Q4 and comparing it to last quarter and a year ago. This is only for College-Glen (College Greens & Glenbrook) single family homes.
The fall/winter of 2017 market was typical for College-Glen. Lots of buyers and lots of homes getting sold. The ones that showed well and were price right, sold quickly. The ones that were either over priced and/or in poor condition spent much more time on the market. This dynamic is considered a “Price Sensitive Seller’s Market.”
I expect the “Price Sensitive Seller's Market” to continue in the First Quarter of 2018. The buyers are anxious and waiting to jump on a great new property but not crazy to overpay for a not very desirable home.