Monday Morning Market Minute – February 8th 2016

     

    See your home value right now: http://www.thegilmartins.com/home-valuation/

     

    Transcript:

    Hi this is Dan Gilmartin part of the Gilmartin Group Real Estate Company in Burlingame California, February 8th 2016 the day after the Super Bowl with your Monday Morning Market Minute. Okay, so, from South San Francisco to Redwood City what’s the inventory?  Single family homes 85. Last week we had 101. We’re down from 101 to 85, only 85 homes on the market. We had 19 homes come on the market and we had 30 homes go into contract. Did you hear that? Thirty homes went into contract and only 19 homes came on the market. That’s what happens when you’re the only girl at the dance. You have more sales than homes coming on the market. That’s huge! We also had 13 homes expire or cancel.

    On the condominium side we had 37 condominiums for sale. Last week as 36. We had 12 new condominiums come on the market. We had 14 condominiums go into contract. Here we go again. More sales than inventory that came on the market. That is HOT! We also had 3 expired.

    So, out of the 82,089 homes we only have 122 homes for sale. Again, we have at least 1,200 agents trying to make a living, trying to sell 122 homes. So, if you’re thinking of selling your home, now is a great time. Again, why? Inventory is so low and it’s only going to continue to grow. So if you’re thinking of selling your home, obviously you want to know what your home value is. What you can do is hit the link below (http://www.thegilmartins.com/home-valuation/). We have a brand new link for you. It will take you to a spot where it will give you your instant evaluation. Now that number is going to be generated by a computer. So from there what you want to do is give us a call so we can talk about that number and we can talk about how right or wrong that number is. Okay, we would love to come out, take a look at your home, talk about your automatic value and then talk about your plan. And put a plan together for you so that we can help you get what you want in the time you want. Won’t that be great. Thanks for listening and I’ll talk to you next week.

     

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