Buyers who demand top-rated schools and want the convenience of being Carmel Valley-adjacent on the 56 corridor but only want to spend mid-$600,000s for a turn-key house should check out this gem in Crestmont!
Open House 12-3pm on 10/31 (Laker Joe) and 11/1 (Richard).
All three schools (Deer Canyon, Mesa Verde, and Westview) are rated a 10 at greatschools website, and are within walking distance too!
Kitchen recently remodeled with custom cabinetry, granite slab counters, and stainless appliances. Bathrooms have granite slabs and travertine too! Milgard windows and sliders, newer furnace/central A/C, hickory engineered hardwood floors, stamped concrete patio, new landscaping, and a low HOA fee of $12/mo plus NO MELLO-ROOS! All on a friendly culdesac with no houses behind – plus great access to everywhere; get to the beach in 15 minutes! Zillow’s school scores are inaccurate – at the greatschools website, all three are ranked a 10!
From time to time we judge the current ‘health’ of the market by dividing the active listings by the pending listings. For the record, it was Peter B. who agreed with me years ago that the healthy balance is around two actives to one pending. The ‘months of inventory’ is derived from dividing the actives by the September solds.
Mo. of Inv
Median LP of ACT
The 8-to-1 actives-to-pendings ratio and the 13 months of inventory in Rancho Santa Fe can probably classify it as a buyer’s market. But even with our substantially higher prices, the other areas look fairly healthy.
Common sense should dictate here. Listing a home on a Thursday with professional photos and video gives buyers a chance to schedule a showing between Friday and Sunday – probably the most flexible days on their calendar. Open houses conducted by professional sales people add maximum convenience, and then having a good listing agent handle the results (good or bad) ensures a successful outcome.
Selling a home is part art and part science, and any information that gives sellers and their Realtors a leg up is welcome news. Terrace 24 just revealed new data that shows that the best day to list a home is actually Thursday — not Friday, which is most Realtors’ choice.
“Currently, more agents are listing homes on Friday than any other day of the week, but homes listed on Thursday sell faster and for higher prices,” said Mike Minihan, managing broker of Terrace 24.
The company’s data came from sales research in six Atlanta metro counties from Sept. 2014 through Sept. 2015.
From the firm’s analysis:
Of the homes that sold without a price reduction, the homes that listed on Thursday sold for the fewest days on market at a median of 19 days. Homes listed on Sunday were on the market the longest.
Again, of the homes that sold without a price reduction, the median percentage of the list price that the Thursday sellers got was 97.78%. That is higher than any other day of the week.
Homes listed on Thursday were more likely to receive an offer of more than 100%, suggesting there was a bidding war.