Willits Market Watch and Sales Stats April 2015

What happened in the Willits Real Estate Market in the month of April?

Willits Market Watch and Sales Stats April 2015

Active: 65  Pending: 4  Sold: 4  Other: 0  Total: 73
 Bedrooms  Bathrooms  Square Feet  List Price  Selling Price  DOM/CDOM
 Minimum  1  1.00  736  $75,000  $95,000  2/2
 Average  3  2.08  1,704  $329,025  $211,375  155/169
 Median  3  2.00  1,599  $264,900  $183,750  53/53
 Maximum  5  4.00  6,500  $3,000,000  $383,000  2310/2310
 Total Dollar Value  $845,500

Only 4 homes Sold in Willits in the month of April??? That’s 1/3 of the properties sold the month before. I know that everyone is eager for the market to recover but in my opinion the pricing has outpaced the demand. Home Sellers need to take a good look at what the competition is/was and make some honest choices. Don’t get me wrong, there are some fantastic homes on the market right now but there are some that are not as fantastic and the pricing needs to be adjusted accordingly.

That being said, the good ones go quickly so it’s more important than ever to be pre-approved for  a home loan. With the market heating up and multiple offers being presented it only makes sense that you would want to have your loan approval ready to present to the Seller. Sometimes that is the difference between getting your offer accepted and losing your dream home to another Buyer. Believe me when I say missing out on a good deal or the home of your dreams because of a simple loan approval is painful. Get your pre-approval here!

These are the Willits Market Watch and Sales Stats April 2015. If  you would like to see market numbers for another town or area just ask! Contact Clint.

Clint Hanks    707-391-6000

Follow me on Twitter @yourmendorealty

 Til next time… May all your deals be easy ones!