The latest south Livermore real estate market update shows low inventory but high home sales. The Gamache Team reports an increase in median sales prices with a value of $2,075,000.
Higher home prices are driven by the low inventory and buyers who are tired of being turned down repeatedly and competing with other buyers for the same homes. We are still seeing multiple offers on homes that are in great condition and priced to sell.
Statistics such as these should make current homeowners in south Livermore extremely happy, especially if they are considering a move in the near future. With little to no competition, a home that is listed for sale in south Livermore is a hot commodity and will most likely sell quickly.
How Will Interest Rates Affect My South Livermore Home Sale?
With interest rates slowly rising, buyers will be able to afford less home, and your home may have to be priced lower to make it more affordable. The good news is conforming loan limits in California have increased, providing better rates and easier underwriting requirements.
If you are considering selling your south Livermore home, The Gamache Team is happy to present you with a home valuation for your consideration. Just contact us to set up an appointment.
I’m a Buyer Looking for a South Livermore Home. How will Interest Rates Affect Me?
With current rates as they are, it’s still an amazing time to invest in residential real estate. South Livermore homes have traditionally maintained their values; with people being able to relocate to a cheaper area with more home and or land, now is an excellent time to find your south Livermore home.
You may be using an app to locate a home for sale, but in this market, with low inventory and high demand, the likelihood of that home still being on the market when you are ready to see it is low.
The Gamache Team is happy to connect with you and alert you when we discover a home in south Livermore is going on the market. We have access to off-market listings and south Livermore homes coming soon to the market.
Please email me at Dan@gamachetteam.com.
Contact The Gamache Team for All Your South Livermore Home Sale Needs
The Gamache Team has been serving the south Livermore home sales market for decades. We are experts in getting you the most out of your home sale and making the process as easy as possible.
As residents in the Tri-Valley, we know the neighborhoods and keep a careful eye on the market so you get an edge on your competition and do not overpay for your home.
Looking for a real estate professional who specializes in the south Livermore market? Contact The Gamache Team.