Realvolution

Published July 14, 2022

July 2022: Active Listings Are Finally Increasing

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Written by Marcus Ibrahim

July 2022: Active Listings Are Finally Increasing header image.
Team Ibrahim Real Estate Update | July 2022
YOUR MARKET UPDATE

Active listings are finally increasing and inventory is trending toward pre-pandemic levels. Listings are staying on the market longer, more sellers have begun to reduce the price on their listings, and fewer buyers are paying over list price. Mortgage rates have fallen for two straight weeks to 5.30%.

Buyers - you may find that sellers may be more motivated to sell in light of these developments. 

Sellers - home prices are up 38% from 2 years ago so it is a great time to sell. 

Please let us know how we can help you!

THREE YEAR MARKET INSIGHTS

SEARCHING OFF-MARKET?
Contact us for more info!

Monrovia 5 bed / 5 bath 5,110 sq ft 
Single Family Home with Pool 
14,791 sq ft lot 
(views down Myrtle Ave!)
?

?Arcadia 3 bed / 2 bath 1,686 sq ft 
Single Family Home on 8,138 sq ft lot 
(surrounded by new construction)
?
RECENT TEAM HIGHLIGHTS 
UNDER CONTRACT: $1,999,999 in La Habra Heights, Ca
5 Bed | 4 Bath | 2 Homes on 1 Lot

?After a couple successful open houses, we officially have our La Habra Heights Listing under contract.


???????? Congratulations to our sellers ????????
?
UNDER CONTRACT: $769,000 in Upland, Ca
3 Bed | 2 Bath | Pool Home

Our client was able to get under contract at list price and WITHOUT a bidding war! Not to mention..they only viewed TWO properties. 
 

???????? Congratulations to our buyers ????????
How can we help you today?
Over 100+ Closed Deals
Please reach out anytime!

We are always available.

REALTOR® 
eXp Realty of California, Inc.

Call/Text Marcus: 
(626) 605-1840

Call/Text Ashley:
 (626) 727-7226
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