The Market Continues to Change!

The average Days on Market is increasing, from 34 days in Aug. 2013 to 53 currently.

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The rate of appreciation seems to be slowing with values increasing 16% from Aug. 2013 to Aug. 2014.

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However, the BIG NEWS is that the number of expired listings went up 163% in the same time period.

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When we look at the data, our advice to sellers is to price your property realistically from the beginning.  If your property is priced correctly, it will sell- and in a reasonable amount of time.

For additional information on this data, or if you are in need of a market evaluation of your property, please contact one of our highly trained agents.

Merced Sales Office:                                  209-383-2171

Atwater Sales Office:                                 209-358-6429

If you have questions regarding rentals or managing your property, please contact

Gonella Property Management               209-383-6277

Loan information on rates and fees can be obtained by contacting Dorathe Catlin of Coldwell Banker Mortgage.

Email: Dorathe.Catlin@mortgagefamily.com

Phone:                                                     209-261-4320

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