2705 Woodridge Ct, Placerville, CA 95667

Great Investment Property in Placerville

2705 Virtual Tour 
2705 Woodridge Court in Placerville SOLD for $15,000 ABOVE ASKING - GREAT INVESTMENT OPPORTUNITY! Split level, single story 2 bedroom / 2 bath halfplex with attached 1-car garage. Low maintenance front yard. Stone fireplace in living room, eat-in-kitchen with refrigerator, washer, dryer included. Master bedroom suite. Access from kitchen to raised, wrap around rear deck overlooking trees and green space! Current tenant is month-to-month.

Getting Behind the Numbers in Real Estate

Today I wanted to stop by to talk about how the blend in the market is affecting inventory, values, and the perceptions of values. The overall inventory numbers really haven't changed much over the last several years, but the numbers within the numbers have changed. I wanted to explain what that does to values and the perception of values.

I wanted to show you how different neighborhoods, different price ranges, and different types of properties all matter. We hear that median prices have gone up 12.8% in the last 12 months. You read a lot of headlines about prices going up, but what does that mean? Well, it depends. If you bought a house in the last five years in a specific zip code or price range, there are probably some things that you want to know about.

It's best to understand these things early in the planning stage. In some neighborhoods, prices have held steady while some have actually risen quite a bit. For buyers, we do reports on price ranges and what price ranges are doing as far as competition and what you're going to be able to expect when you get out there in the market. For sellers, we do these kinds of reports based on square footage, as well as the size, age, and the type of the property.

These reports help you know what 
you can really expect.

It's a good way to get started so you know what to expect. We can build these reports for your neighborhood and price range. For buyers, we can also put together these reports to help you know what to expect in certain areas and for certain types of properties.

If you'd like a custom report or you have any questions about the Sacramento real estate market, give me a call or send me an email. I would be happy to help you!

What’s Happening in the Current Real Estate Market?

I’m out on a ride today with Flossy looking for some boundary markers for a lot I’m getting ready to list on the market, and just wanted to bring you a quick market report.

The Greater Sacramento Area market looks strong this month, with 45 homes priced $500,000 to $600,000 listed for sale this month, which is down 10% from last month. For homes priced $150,000 to $250,000, we saw no change in the number of homes listed for sale.

Even though there has been a decrease in the number homes that are currently on the market, that does not mean there has been a decline in the $500,000 to $600,000 price range. There has been a 61.5% increase in the number of homes sold this month compared to last month. In short, supply might be down but demand is high, making it the right time to make your move now. To get more information about the current market please reach out to me at 916-316-3810.

Now is the time to make your 
move in our market.
In the Folsom market, homes priced $500,000 to $600,000 saw a 24.1% increase in the number of homes listed on the market, but a 22.9% decrease in the number of homes sold. In homes priced $150,000 to $250,000, the number of homes listed for sale decreased by 50%, and we didn’t see much of a change in the number of homes sold.
For the tri-county area as a whole, we saw a 7.5% increase in the number of homes listed for sale, but a 16.9% decrease in the amount of homes sold. This is a 12.9% decrease from last year.

Looks like Flossy and I found the property marker! If you’ve got any questions about anything related to the current market or real estate, give me a call at 916-316-3810 or email me directly at Forth@thehoytgroup.com. I’d be happy to help you!