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Understanding the Market

Understanding the market is one of the most important steps to take before selling a home. In a seller's market, listed properties will often be on the market for 45 days or less before sale. These properties will often sell at, near, and sometimes even above asking price. In general, area property prices will be rising. In a buyer's market, homes will remain on the market for periods often exceeding two months, and the sale price is usually noticeably less than the asking price. In general, area property prices will be falling.

To help get an idea of the market in your area, it is important to look at the recent comparable sales, better known as "comps." Comps are properties within the same general area of each other with similar attributes.

If possible, try to see the comps yourself, this way you will be able to get a good idea of the appearance and condition of similar homes on the market and how they are priced.

 

 

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Office Locations:

Santa Rosa
Windsor
Oakmont
Hidden Valley Lake
Middletown
Rohnert Park
Sonoma
Marin

Tel: 707-577-7777
Fax: 707-544-5284

Links:

Fine Homes & Estates Market Report Publication
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Making Home Affordable
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Santa Rosa Real Estate
Windsor Real Estate
Oakmont Real Estate
Sonoma Real Estate
Rohnert Park Real Estate
Healdsburg Real Estate

 

Century 21 Real Estate LLC supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each Office is Independently Owned and Operated. CENTURY 21® and the CENTURY 21 logo are registered marks licensed to Century 21 Real Estate LLC. All other trademarks and service marks are the property of their respective owners. Neither Century 21 Real Estate LLC nor any of their respective franchisees affiliated companies provides any product or service described herein. Not all products and services are available in all states. All products and services are provided by the applicable service provider described herein.

Corporate Headquarters: 1057 College Ave, Santa Rosa, CA 95404
Hours of Operation: Monday - Saturday 9:00am - 5:00pm, Sunday 9:00am - 3:00pm

At Century 21 NorthBay Alliance, we service all types of real estate in Santa Rosa, Sonoma County, Sebastopol, Oakmont, Petaluma, Rohnert Park, Cotati, Sonoma, Lake County, Petaluma, Guerneville, Healdsburg, Cloverdale, Forestville and the entire Sonoma Valley Wine Country. Our Realtors and Real Estate Agents, live and work in Sonoma County which is located in the North Bay Area of California. The type of real estate offered ranges from single family homes, condos and townhouses, to vineyards, land, ranches, lots, units, commercial property and more. If you are thinking about relocating to our area, contact our relocation department and we can help you sell your current home and find a home in the beautiful wine country.

 

 

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