Spring is Here!

Merced is still very affordable, 52% of the local community can afford to buy the median price home in the county, in comparison, 31% in the state of California and 13% in San Francisco, can afford to buy the median priced home.

Housing Affordablity

Locally the inventory is down to 1.8 months, the lowest it has been in the last 12 months.

slide 21

With low inventory you have lots of buyer’s chasing very few properties, prices have moved up. 13% up in the past 12 months, from 199,500 to 225K. In the past 24 months sales prices have gone from $169,225 to $225,000, that’s a 32 % increase in value.

slide 22

The Spring Buying season is the best time of the year to place your home on the market. Demand is very strong, interest rates are still very low and most homeowners are pleasantly surprised when we evaluate their homes and let them know what their homes are worth.

Call any of our professional agents with your home buying needs, or our Property Management with your Rental needs, we also have a Commercial office that can help you with a commercial lease or purchase.

Merced Sales Office:                209-383-2171

Atwater Sales Office:               209-358-6429 

Gonella Realty also offers Property Management services.  If you are interested in our company managing your property, please contact Property Manager Kathy Jameson, or Assistant Property Manager Tina Winek.

Email: kathy@gonellarentals.com

Tina@gonellarentals.com

Phone:                                         209-383-6277

For any Sales or Leases of Commercial Properties:

Commercial Office:                  209-725-7253

 

Advertisements
Explore posts in the same categories: Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: