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Home Prices are down, buy in San Miguel California

Here is what’s happening in our area: San Miguel

Dates (as of August 28, 2009)

Neighborhood (enter neighborhood)

Number of Sales in past 6 months

14

Average Price

236,646

Sales Price per Square Foot

$167.00

Active Listings (homes that are contingent or pending are not included)

7

New Listings

2

Average Days on Market

130

Recommendation:

If you’re buying a home, it is important that you work closely with a highly-motivated agent who understands what’s going on with the real estate market and local economy. He/She will be able to advise you on how to get the most for your money and what homes you may want to avoid, as there are homes on the market that are not priced at their fair market value.

If you’re selling your home, it’s also important that you work closely with a highly-motivated agent who understands what’s going on with the market and local economy. Your goal is to net top dollar – which you may not achieve if you over price or under price your home. If your home is a short sale you should use an office that has experience and does a high volume of this type of sale.

The homes listed are entry level homes, not on acreage

Posted Monday Aug 31