So far in 2016 sales of Condos, Freestanding Condos (PUD), and houses are ahead of 2015. However, fewer lower priced homes are coming to the market as we approach September.
Quality and location have always been important factors that determine the price and desirability of properties.
McCloud condos have been the most desirable this year with 14 properties changing hands due to McCloud’s location close to the beach. 7 properties have closed in the Mountain Shadows complex.
The bargains are not there as they were in the 2007-2012 real estate market decline. If you are looking to buy, don’t wait for next year. Demand and prices are going up.