Ridgemark Real Estate Report - October 2016

Curious of what is going on in the Ridgemark Real Estate during the month of October along with a year over year comparison? Here is the real estate market report for October 2016.

Ridgemark Real Estate Activity for October 2016 vs October 2015

In October 2016 there were 02 home(s) that closed during the month of October in Ridgemark. This is 04 less than October 2015.

The average sale price for homes that closed in October 2015 was $595,800
The average sale price for homes that closed in October 2016 was $572,500
The average Days on the market (DOM) for the homes that closed in October 2015 was 12 days.
The average Days on the market (DOM) for the homes that closed in October 2016 was 33 days.
The total amount of volume for the homes that closed in October 2015 was $3,574,800
The total amount of volume for the homes that closed in October 2016 was $1,145,000

Homes Under Contract in Ridgemark, Hollister CA for October 2016

There were a total of 7 homes in Ridgemark, Hollister CA that were under contract or sale pending through November 2nd, 2016. The average market time for these 7 homes was 64 days. The average list price for these homes under contract was $608,650

Current Ridgemark, Hollister CA Homes for Sale Inventory Levels

There are currently 13 Homes on the market in Ridgemark. The average list price is $706,949. The average market time for these homes is 74 days. Homes in this community are selling in 45 days or less, if priced properly. The market absorption rate, as of November 2nd, 2016 was 3.32 in Ridgemark. This means that if no other home in Ridgemark were put on the market, it would take 3.32 months to deplete the remaining homes on the market. How can both buyers and sellers have an advantage in the Ridgemark real estate market? Employ the services of a local Hollister real estate agent who has vast knowledge and experience of the market.

The above statistics are only for single family homes and do not include condominiums or multi-family homes.

Find Ridgemark Homes for Sale

For a complete list of available real estate, homes in the Ridgemark, visit Ridgemark Homes for Sale. Make sure to subscribe to our blog so you do not miss out on any Hollister homes. Contact us to find out what your home is worth and to discuss your housing needs. Looking to begin the buying process download the complete buyers guide.

Other October 2016 Real Estate Market Reports

About Seth Muenzer’s Real Estate Blog: The above article “Ridgemark Real Estate Report – October 2016” is hosted by the Seth Muenzer, the owner of www.sethmuenzer.com. a leader in the field of Real Estate sales, marketing, and social media marketing. If you’re thinking of selling or buying, I would love to share my knowledge and expertise. If you have real estate question feel free to ask anytime.

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Ridgemark Real Estate Report – October 2016

Seth Muenzer