We are halfway through October and it finally feels like Fall in San Diego! Read on for your monthly market update, and discover lifestyle tips and tricks curated just for you!
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A house is not just a building with rooms; it is a home where so many memories are made. It is where a baby takes its first steps, proposals are made, and numerous celebrations and family gatherings occur. A home is where life transpires. In pricing a home for sale, many sellers have difficultly removing this emotion from the equation. This can be a monumental mistake when it comes to maximizing sales price and reducing marketing time. The chart below illustrates how accurate pricing (no price reduction) resulted in achieving 99.1% of the initial list price, versus 88.2% after a 5%+ price reduction.
In addition, listings without price reductions averaged 16 days on the market, versus 89 days for those reduced by 5% or more.
What sellers need to remember is that buyers will stretch on price to buy the home of their dreams, but they have limits. Setting a realistic price at the onset of marketing, based on the last relevant sale - not emotion, will result in more favorable results. The longer a home sits on the market, the lower the ultimate sales price will be.
Source: Steven Thomas - Reports on Housing
Just Sold
Under Contract
Bankers Hill
2 Bd + Opt RM | 2 BA | 2,625 SF
Represented Seller
Listing to Sale Stats:
Over 4,500 online views.
3 in-person showings to qualified buyers.
Under contract in 28 days - 43% faster than the expected market time for comparable properties.
Closed one week early.
Thank you to our clients for trusting us in the sale of your home to help reach your real estate goals!
Local Events
Local Pumpkin Patches Now Open in San Diego County
Hooray for the Fall season! Get ready for warm autumn nights, and of course, pumpkin patches! Whether you're in search of the perfect pumpkin or just looking for a fun family activity this weekend, you can find a full list of the pumpkin patches now open in your neighborhood here.
Concerts in Your Car: Del Mar's First-Ever Social Distanced Concerts
Come join the fun for the first-ever Concerts in Your Car live entertainment series in Del Mar, where you can watch top talent perform from the comfort and safety of your own car. This drive-in entertainment experience is sure to be a blast for you and the whole family! Check out the full schedule here.
Lifestyle Tips & Tricks
From Sophisticated Marble to Classic Brick, These
70 Striking Fireplace Design Ideas are Sure to Inspire
There’s nothing more cozy than curling up with a blanket next to a toasty fire on a crisp evening. Whether it’s in your family room or your outdoor space, a fireplace will bring you extra warmth and comfort.
If you’re aiming to bring a new hearth into your home or simply need inspiration to upgrade your existing fireplace, Elle Decor's roundup of gorgeous designs is for you.
Meet 9 Rising Stars Taking the Design World by Storm
From coast to coast, Architectural Digest's next generation of great decorators are writing their own rules and going for bold. Taking clients’ homes and shaking them up, whether it be placing a cocktail table artfully off-center in the living room or commissioning an artist to thickly apply gold liquid resin to rust-orange walls, these designers are pushing the boundaries of beauty.
62 Best Fall Crafts to Help You Celebrate the Season, DIY-Style
Autumn is finally here, and that means it's time for a some easy, earth-toned, comfy-cozy DIYs.
Country Living has gathered together the best crafts to bring in the new season. Each of these easy, family-friendly crafts is super cute and incredibly simple to make.
Noel Wheeler
REALTOR
619-890-2877
DRE#01373389
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