Here's a Look at Sales to List Price Ratios and Days to Sell in Monterey, California


As you can see,sales price to list price has dipped slightly since last year. Sellers are beginning to realize that price escalations that started in 2016 have cooled and buyers are no longer willing to pay top dollar. Sellers are slowly reducing prices and buyers are waiting for better values. As we begin the spring selling season, perhaps there will be a meeting of the minds. We'll see what happens.

#realestatemarket #buying #homepurchase #housingprices

Coldwell Banker Realty

126 Clock Tower Place, #100, Carmel, CA 93923

831-275-0423

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