The Bay Area real estate market update…total inventory from South San Francisco to Redwood City is down this week to 214. The pace of the market has picked up with 50 sales this week. Homes are selling faster. Buyer understand the market is moving fast, and if they are interested they have to step up. Homes are selling on average within 6 days of being on the market right now and we are back to the previous peak pricing. Will we go forward from here? This time of year we set the price for the year and come June when more inventory comes on the market we chase the prices set right now. Now is the best time of year for sellers and homes sell right now with the least amount of headaches it seems.
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