Trend in Housing Market Suggests Now May Be the Perfect Time to Sell Investment Property


A local trend in real estate shows that now may be the perfect opportunity for investors to sell the properties they bought in droves during the 2008-2009 housing market crash.

When homeowners defaulted on their bank loans, investors took advantage of the influx of short sales and foreclosures.  Many investors bought the homes below market value, renovated them and flipped them for profit.  Using this profit, the investors continued to buy and renovate homes.  The homes that were not flipped were kept for family members or maintained as rental property.

According to recent information from Trulia, housing trends for the San Ramon Valley show an 8.2% increase in the median sales price for homes compared to last year.  Even more staggering is the statistic that over the past five years, sales prices for homes in San Ramon have appreciated 13.7%.

The average listing price for a San Ramon home was $944,838 for the week ending March 5, 2014, and the price per square foot was $378, an increase of 23.5% compared to this time last year.

Investors who are holding onto properties may want to consider taking advantage of the market conditions and list their homes for sale.  The present housing market shows a strong profit margin from the 2008-2009 market.  There are currently 116 homes for sale in San Ramon and with spring in full bloom, now is the most popular time for homes to go on the market.

Reports by Redfin demonstrate that homes in San Ramon are receiving multiple offers, with homes receiving an average of 5.1 offers.  This is another strong indicator of a healthy market full of buyers who are serious about purchasing a home.  Another promising feature for sellers is that homes are receiving cash offers and offers above asking price.  With multiple offers, sellers can be choosey about which offer to accept and may benefit from offers that waive inspections, appraisals, or tedious fix-it lists.

The San Ramon real estate market is heading into a very strong selling trend, and those who have been waiting to sell may want to think about contacting a realtor to get a fair market assessment of their home.

Investors who have been holding onto their property may want to take advantage of the 1031 exchange and the tax benefits that go along with an exchange for a “like” property. Or perhaps they want to sell the property they have and reap the rewards of patiently waiting for the housing market to rebound.

In either case, now is a very good time to look at putting your investment home on the market.  With such a strong market trend, now may be as good of time as any to benefit from the housing burst several years ago.

If you are planning on selling your home in the San Ramon Valley, Villa Properties can help. Experts in competitive market analysis, we can help you understand the real value of your current home and help you get the most from your investment.  Email us today or call (925) 519-0794 and take the first steps into your new home.  Check out our testimonials to hear what great things our past clients have said about our services.