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How is the Real Estate Market in Sierrafield? October 2021 Report

How is the real estate market doing? How much is your condo in Sierrafield worth?

The Spica Real Estate team provides a monthly video update to any interested Sierrafield owners about condo prices in Sierrafield. 

Here are some highlights from this month’s update (and the full video is below!):

What is the real estate market like in Sierrafield right now? Here is the October update from the Spica Real Estate team:
– The only active property out there was 7355 Cactus Cove is actually now pending. Condos are selling very quickly in today’s market.
– We are seeing evidence of condos selling at or above list price.
– 7376 Chino Valley listed at $200,000 and sold for $208,000.
– 1226 Mesa Junction listed at $215,000 and sold for $230,000.
– Those are all very good indicators.
– What is 2021 going to look like as a year especially compared to 2020. Despite how odd of a year 2020 was, it was still a very good year. 2021 is looking to be that much better.
– The average sale price in Sierrafield is up 25% from 2020!
– Seeing new construction condos setting new higher watermarks.
– Overall we are starting to see interest rates start to tick up a little bit, which indicates that they will continue to go up the next couple years.
– It’s still a fantastic time to buy or sell. The Holidays are a great time to buy or sell. If you are thinking about refinancing for any reason, now would be a good time to consider refinancing as rates start to go up, don’t wait!
 
Now is the time to ask those questions. Give us a call anytime
with any questions, you may have (616) 730-1254.

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You can also review details of any condos in Sierrafield currently on the market by visiting this page on our site: Current Listings.

Do you want this video sent directly to your email inbox each month?  Sign up for email updates on the Spica Real Estate team’s site: www.SpicaRealEstate.com/SierrafieldCondoPrices.

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