Uncategorized July 20, 2023

Arcadia June Market Update – Single Family Homes

📢 Attention Sellers in Arcadia, California! 🏡

🗓️ June 2023 Market Update 📊

As your trusted REALTOR®, David Thi from Coldwell Banker Realty, I’m here to provide you with the latest market trends in our beautiful city. Let’s dive into the data and empower you with knowledge!

📈 Supply and Demand: Currently, Arcadia has a favorable market for sellers, with only 2.77 months of inventory available. Over the past year, the Months Supply of Inventory has decreased by -2.81%, indicating a growing demand for homes in our area.

💰 List to Sold Price: Sellers, you’ll be pleased to know that the List to Sold Price percentage stands at an impressive 99.2%! This means that homes are selling close to their asking price, offering you a great opportunity to maximize your investment.

⏳ Quick Sales: In Arcadia, properties are moving swiftly! The median days on the market is just 15 days, indicating a strong demand and an eager pool of buyers ready to make a move.

💲 Median Sold Price: The median sold price in Arcadia is currently $1,588,000. This data showcases the market’s strength and the value of homes in our desirable city.

Whether you’re considering selling now or in the future, understanding these market trends is crucial. As your dedicated REALTOR®, I’m here to provide you with a comprehensive analysis and guide you through the process.

🏡 Trust David Thi from Coldwell Banker Realty to navigate the ever-changing real estate market. Contact me today to discuss your selling goals and create a customized strategy for success. Let’s make your real estate dreams a reality! ✨

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