Real Estate Watch – Camden McKay Real Estate – Troy Merrell
PQ Market Update
In 92129, we currently have 61 homes for sale with the average number of days on the market being 22. The current average listing price in PQ currently sits around $730,000, continuing the trend upward. Keep in mind that this number can change a great deal depending on the ratio of condos to detached homes. Currently, 49 of the available 61 are detached homes, which lends to a higher average listing price.
We are clearly in a strong sellers’ market, but don’t let this deter you from buying. Whether it’s your dream home or your “just for now” home, this is still an amazing time to buy because interest rates are low. Locking in a low payment on a great home could be an incredible decision, setting you and your family up for life. If you’re in the market for a home, or just starting to think about it, it’s never too soon to talk to an agent. Whether you need someone to guide you to a lender or help you find properties as soon as they hit the market – or before they hit market – give me a call and I’ll be happy to help.
When talking to someone who is considering selling their home in a market like this, one of the concerns I hear is that their home will sell before they find a suitable replacement home. Lengthening escrow periods, selling with a rent back period, and many other options can help alleviate this type of stressful situation.
If you’re considering selling a home contact me to learn about our many options, such as our 1-Day Listing Guarantee, Flexible Commission Program, or the Sold In 30 Guarantee, to name a few. Let’s make your dreams your reality!
Camden McKay Real Estate
9926 Carmel Mountain Rd.
San Diego, CA 92129