Sunday, April 5, 2026

SCCL PRICE REDUCTIONS

While price reductions became more prevalent during the last quarter of 2025, they have increased significantly since the beginning of 2026.  As you can see in the chart below, to date (4/5/26) there have been a total of 103 price reductions in SCCL.  Note that while some properties have been reduced from once to a few times since they were originally listed, other properties have been reduced more than that.  One Villa that was listed in early February has had eleven price reductions as of 4/5/26.
 
It is important for Sellers to understand the current market, price their homes appropriately, and remember that you get one shot at a first impression.  That means you need to declutter, paint, if needed, make your home look great inside and outside, and consider offering some concessions to buyers to make your property stand out in the crowd.  While the number of homes currently on the market remains much higher than in past years, twenty single family homes and one Villa went under contract in March.  That's more than we've seen go under contract in one month in over a year!  And, on another positive note,  mother nature is offering her assistance in making our community look great at this time of year and it's a great time to take photographs of your property!
 
Use the tabs at the top of this page to follow the SCCL market and check out some of my recent postings (see links below the chart) for valuable information.
 
 

The Price You Set Can Make (or Break) Your Sale

The Top 2 Things Homeowners Need To Know Before Selling

You May Not Want To Skip Over That House That’s Been Sitting on the Market

Thinking about Selling Your House As-Is? Read This First.

Why 50% of Homes Are Selling for Under Asking and How To Avoid It

OUR CHANGING MARKET 

 
Sound decisions can only be made with accurate and reliable information.  If you haven't had a chance to read the postings listed above, please be sure to do so.  It's in your best interest to be well-informed.

If you have questions or would like to discuss our current market, please contact me.  I'm always happy to answer your questions. If you're currently working with a real estate professional, this is not intended to be a solicitation.  

 


No comments:

Post a Comment