Weekly Stats

In the last 7 days...
New Listings 101
Price Reductions 217
Back up/Pending 39
Closed Sales 11

The prices of the closed listings this week range from $133,000 to $515,000. The majority of the closings are in the $300s and $400s. 5 of the 11 are foreclosures. The serious buyers are out there Christmas shopping for homes!

Do you REALLY want to sell your home?

I was looking at the market numbers this morning. Everyday I watch how many new listings come on the market, how many went pending, how many sold and how many reduced their prices. But I'm confused...the market prices are going down and then I see a price increase! My question is What are these people thinking?????!!!!!! The market is in a downward trajectory. Prices going up is so 5 years ago. The real reason in my opinion is they don't really want to sell their home. It's as simple as that. Speaking for me and every other REALTOR these people need to take their houses off the market. The market is flooded with people that have their houses overpriced and know they won't get an offer much less have any showings on it. I feel bad for the REALTOR that has it listed...for about a minute....then I wonder why don't they just cancel the listing with their client. If all the REALTORS in town cancelled all the overpriced listings with their non motivated clients there would be a lot less competition on the market for those clients that truly are motivated sellers.

Daily Stats

Every day I'm going to post the activity for the last 24 hour period. On Mondays I'll post the activity that has occured over the weekend.

As of today there are 2,336 homes on the market in Corona.

21 New listings

48 Price reductions

18 Went into backup/pending meaning they've gotten contracts/gone into escrow

2 Closed