Nearly Half of Listings in California Receive Multiple Offers. Consider Selling Your Chico Property!
June 5th, 2012categories: Chico CA Real Estate News, Chico Sellers
It’s a state wide statistic. Nearly half of all listings in California are now receiving multiple offers. If you’ve been waiting for the Chico market to rebound, this may be a good time for you to list and sell your Chico Home.
My office represents a lot of buyers. Our agents and our buyers are definitely feeling the pressure of the competitive market. Buyers in lower price ranges, especially, are really struggling to get into a new home. We write the best, cleanest offer we possibly can for them, at the very top of their price range, only to get beaten out by an investor, or another buyer with a little more cash. It is quite disheartening for the buyer and agent alike. There quite simply is not enough inventory to satisfy the need, especially the the $225,000 or less price bracket.
What does this mean for you, Mr. or Mrs. Chico Seller? It means, that if you price your property at or very near market value, you’re going to sell it. FAST. If you’ve been hoping the last 5 years or so to see the end of the dropping market, your time to sell might have finally come.
Don’t hesitate to Sandi Bauman (530-864-5407) for a free listing consultation. When you’re ready to list, it’s important to choose a Broker with a strong reputation for production, ethics, and current market knowledge. Sandi Bauman and her Team sell within the top 1% of agents in the Butte County market area!
Time to sell your Chico property!
