Villa Park ~ Inventory continues to drop, and so does pricing…

If you or someone you know and like have been looking to purchase a home in Villa Park California, then you already know that the inventory level continues to drop, and so do the prices of the existing homes in that market.  As seen in the most recent snap shot, here is a map of all the homes currently listed as of 2/15/2012 in Villa Park, CA.  92861

Please note there is a home listed on Hoover in Orange that is currently in the Villa Park search due to a minor mapping glitch, so there is one less home that what shows up here.  In addition to that, here is a snapshot to what has taken place with the list price vs. sold price along with the current inventory trends in this same market.

Now you may be thinking this is bad news if you live in Villa Park…  I would like to suggest that it’s just the opposite.  This is the factual data, and when you have true data, you can make an educated decision, rather than just guessing or wondering.  If you are selling your home or thinking about selling your Villa Park home, this shows you that you must have a big why.  You must have motivation and you must be in a position to place your home at the top of the list for the most discriminating buyers.  If you are thinking that you want to just test the market and overprice your home, do yourself a favor… please wait.  Now is not the time.

If you are looking to purchase a home in Villa Park, now might be the best time in years as you have motivated sellers that have been on the market a long time, low interest rates with high loan limits, and you still have some amazing homes to consider.  If you are curious about any of these homes, or any other home listed in Orange, Orange Park Acres, Yorba Linda, Tustin Ranch or Anaheim Hills, simply check out the data available at www.NorthOrangeCountyMarketWatch.com and sign up for daily, weekly or monthly updates so that you can stay informed, make good decisions and capitalize on an opportunity that may be short lived…  Check out and customize your own market insider reports at: www.NorthOrangeCountyMarketWatch.com/MarketInsider.

Happy house hunting and best wishes with your home sale.