September 2025

FINALLY SOME GOOD NEWS!! In the month of September we have seen sale prices stabilize, breaking the severe year-over-year downward trend. Comparing Sept 2025 to Sept 2024 is darn near even, which is great news. The number of homes sold is down from 32 to 23 year over year, while September's sold prices handily increased over August last month.

The next Fed meeting to discuss interest rates is on October 28 and 29, which should boost sales numbers above seasonal levels as buyers jump in on lower rates and an abundance of homes to choose from. At this moment, there are 41 single-family homes for sale and a whopping 70 condos and townhomes, which is a lot for this time of year.

Mortgage rates came down and are expected to come down even a little more by the end of the year, which should really set us up for the RETURN OF THE SELLER'S MARKET come January and February 2026. The number one mistake by home sellers is selling your home privately. History shows home sellers make the most money by putting their house on the Multiple Listing Service and advertising to the entire market. For a free no-obligation conversation, call me today at 510-846-4687.