Buyer demand is different price points ✨ - Jessica LaMar

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Let’s talk about the MARKET ✨ Price | Location | Condition -
Buyer demand is out there but sellers have to be realistic about meeting buyers where their at. Taking a look at the different price ranges in Sac county, here is where demand is landing when comparing pending to active listings:

• $400-600k is at 104% pending to active listings. This is and will continue to be the HOTTEST price range. Buyers, be prepared to compete.

• $600-800k is at 75% pending to active listings. Still a strong seller's market in this range and likely to have multiple offers if the property is priced right for its location and condition.

• $800-1M is at 53% pending to active listings. Pretty neutral market in this price range.

• $1-1.5M is at 35% pending to active listings. This is the hardest price range for sellers right now. Sellers should plan for higher days on market and price below comps to drive traffic.

• $1.5M+ is at 44% pending to active listings. This price range does well for desirable/unique properties and is more likely to have an all-cash buyer come in that's not affected by interest rates.

As always, I'm available 7 days a week and love to chat real estate so reach out anytime! :)

Jessica LaMar, LIC #02136186
House Real Estate