Is today the right day to list your home in 93306 for sale? The more you understand about real estate inventory, the more that you will see that now is the perfect time to list your home, because buyers are fighting over limited options.
The more you understand about inventory, the easier it will be to answer this question.
Smart Real Estate professionals use inventory metrics. “Inventory” measures how many months that REALTORs could continue to sell homes without adding any new houses. When the market has less than 3 months supply, there are not enough houses for buyers, and they fight over limited options.
When the inventory is less than three, it is the best time to list a home for sale.
Right now, Sellers in 93306 command top prices, because inventory is low. Look at the chart below provided by the Bakersfield Association of Realtors that shows current inventory.
Buyer’s don’t have enough options in 93306
At the beginning of March, Sara called me while she was looking at Zillow. I took her to see the houses that were available in the school district that her son attends. The school is in 93306, and there were only two houses that fit her needs! One was already under contract but accepting backup offers, and the other was priced at $170/sqft. This was her best option. Even though expensive, the limited number of choices left her with only one option… To buy the more expensive house.
People like Sara need more options. They need home owners in 93306 to list their homes for sale to provide those options.
The numbers provided by Bakersfield Association of Realtors clearly indicate that now is the time to list.
Current inventory of homes in 93306 between $200k and $300k is just 1.7 months! That is half of what it was last year, which means that now is the perfect time to put your home on the market.
This chart is generated by the Bakersfield Association of Realtors. It describes inventory each month over the last 14 months, and it is restricted to numbers affecting homes in 93306 valued between $200,000 and $400,000.
Now is the best time to list your home for sale, because inventory is almost half of what it was in February 2019.
You can help. List your home for sale or recommend a friend.
If you’d like to list your home for sale in 93306, then call me. Listing your home is easy, and I can answer all your questions.
If you want to sell your home, then you want to call Jared, because I have the skills to market your home unlike anyone else. The more you understand about my history as a computer programmer, the more you will see that no one can push your home in front of buyers the way that I can. Call now.
Buyers cannot escape my advertisements, because I am a master of digital technology. I can follow them on the network, chase them on Facebook, and even put your house in the middle of their online magazines and shopping platforms.
Want to make selling easy? List with Jared. Start with a fifteen minute free consultation. Get a free consultation when you call Jared.