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Whittier Home Inventory Dries Up

Homes for sale in Whittier, California are at the lowest levels in several years.

Today, September 23, 2009, there are a total of 283 properties for sale in the City of Whittier.

A year and a half ago, on May 25, 2008, there were 888 properties for sale in Whittier. The tables have significantly turned here in Southern California, making it a much better time to sell a home right now, rather than try to buy one.

A year ago, buyers could really pick and choose what properties they wanted to buy. Now, with the inventory of homes so low, it is really a dog-eat-dog world out there, with buyers competing aggressively for any decent house priced less than $400,000.

Buyers and sellers can each find something positive in this news.

Buyers can still buy a home at rock bottom prices. However, they have to be aggressive in making strong offers.

Sellers who need to sell, and who are realistic about today’s market prices, can sell their homes. There are lots of buyers out there, just waiting for your home to come on the market. But sellers need to understand that they won’t be able to sell the house for the amount they could have received for it two years ago, or even one year ago.

Prudential Sold

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About the author: The above Article about the City of Whittier home inventory was provided by Bob Willis, a Whittier Realtor®. Bob can be reached via email at bob@willisrealtor.com or by phone at (562) 639-9400.

For Whittier real estate, see Whittier Welcomes You. Want to have MLS access to beat other buyers to your dream home? Sign up with no obligation at my ListingBook website.

I service the following towns in the greater Whittier area: La Habra, La Habra Heights, La Mirada, Norwalk and Santa Fe Springs.

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Posted Wednesday Sep 23