Mammoth saw some exciting gains in the Real Estate market in 2017, and 2018 is off to an even more impressive start!
The Single Family Home market had conservative gains in 2017, finishing the year up about 7.4%, with median prices at $775,000. As of March 1st, 2018, single-family homes have jumped up to a median price of $940,000 year to date; a gain of over 21% in just two months!
The inventory for moderately priced homes is low, so an influx of new inventory this spring may temper this median price a bit, but it would appear the single-family home market is gearing up to make some impressive moves in 2018! If you’ve been considering listing your home, now is the perfect time to get your listing ready and have it in front of all the spring and summer buyers.
If you would like more specific information about how the market changes have affected your property and/or home search, please give me a call or email today! I’d be happy to give you a home valuation and send you the inventory of listings in the price point you’re interested in.
Matthew T. LehmanMatthew@HomesMammoth.comCalBRE # 01149776 760-822-5845 If you want to know how much your vacation rental can generate revenue annually Nomadness Rentals can provide you with comps and a free evaluation so you can make the best possible purchase based on current information.
Call Millie at (888)472-5777 or email firstname.lastname@example.org for your free property assessment.