How is the market in Eastvale CA?
Image from SD Images by John Lopez
How is the market? I am asked this question every day. From my daily contact with people, this question tends to come up very frequently once they realize that I am a local Eastvale realtor/broker. This is the topic of this blog as well.....
The answer is... it depends.
If you are a seller who currently owns a house in Eastvale CA, the market is exceptionally good. Currently, there are only 145 houses available for sale. The days on the market is averaging about 47 days. This is a sure indication that the seller's market is very strong within the City of Eastvale. So if you are looking to sell your Eastvale home, you should be able to sell it very quickly as long as it is priced correctly. Use the services of a local realtor, who will be able to pinpoint your exact market value. He or she will be able to advise you how to prepare your house to be sold for the highest value and for the shortest amount of time. Eastvale Team Realty is ready to help you make that decision and market your home correctly.
Do you want to make a move before the holidays...give us a call at 951-707-9919.
Image from KCM - 9/22/16
In regards to home value appreciation the market is excellent. Just today, "Keeping Current Matters" indicated that they expect an average of 4.5% home value appreciation for the year. As home values continue to improve, sellers should expect a larger equity from the proceeds of their home sale.
If you are a buyer looking to relocate to Eastvale CA, the market is hot, hot and a little challenging. Why? The demand is great and increasing monthly. We are seeing multiple offers on properties that are priced correctly. Houses with great curb appeal, exceptional presentation and in a great location are receiving offers within the first week of listing. With low rates and huge demand, the buyer's market is a little testy. It is great when one is able to close on a property in Eastvale. The issues are in finding that perfect dream house.
Buyers are doing their homework and are prepared. They come with strong approval letters from their lenders. We typically see down payments with over 20% down. Buyers are studying the market. They are more informed about the neighborhoods and availability of homes. Cash offers are not always king in Eastvale. The reasons are mainly that sellers are looking for buyers who are more flexible with terms of the sale. We are seeing more concurrent transactions as sellers are having difficulty in locating their replacement house. Yes, the market is a little challenging for buyers.
Job growth is on the rise for homeowners looking to work close to home. Amazon fulfillment center, Costco and Volkswagen state of the art training facility are some of the few businesses that will be opening their doors in Eastvale's Goodman Commerce Center on Hamner soon. The business growth in Eastvale is excellent. Large corporations are looking to relocate and establish their businesses in Eastvale due to its central location to all the 4 local counties.
Eastvale is standing above the rest of Inland Empire local neighborhoods because of our acclaimed school district, more value for your buck, newer and larger homes and Eastvale is a newer community geared to the needs of millennial families.
Click here to read what Money Magazine said about Eastvale.
Ranking as of 2016
How is the market in Eastvale CA?