Update February 14

Now, this is the sort of day I like to see – one new hidden Meadows Listing, and two go into Pending!

 

The new listing is  at 10004 Vista Montanoso, 2,536 square feet, 4/4, 2,38 acres for $749,900. The two that went into Pending were on Alps and Hamden Way. (Both were foreclosures, and we need to get foreclosures off the market to stabilize prices. When only normal sales are available, normal homes will sell.)

 

The activity in the Zip Code was fairly normal for the past 24 hours – 7 new listings, 4 Pending, 3 closed escrows. One of the Pendings was above $500,000 and one home that closed escrow was above $800,000, so not EVERYTHING is still investor quality activity. There is BEGINNING to be more activity in the “normal” market above $500,000.

 

We will have a better feeling for trends in April, when warm weather USUALLY brings activity, if there is going to be activity.

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