Sellers pricing closer to fair market value are selling homes faster and on average at stronger prices than those willing to risk listing high and dropping price later.
Coto de Caza, CA (PRWEB) November 26, 2013
In his latest blog post, Realtor®, James Hoff discusses what is happening in his local Coto de Caza, CA real estate market today.
Regarding this gated community of nearly 4,000 homes as one of the most sought after in South Orange County, James states “Coto de Caza offers a diverse selection of homes and lifestyles.” He continues “Something for everyone can be found here. From a reasonably sized condo or single family home to custom built estates, there is no shortage of selection here.”
Indicating that “it is not uncommon for buyers, sellers and even Realtors® to overanalyze a market,” Hoff’s aim is to keep the market analysis straight forward and easy to understand. “Currently, Coto de Caza offers ninety-five active listings on the market today. Only thirty percent of the current listings in this community are for sale at under $1 million for a total of twenty nine homes. Further, only six of those homes are single story,” he says.
After briefly discussing the rest of the Coto de Caza housing market, Hoff offers some advice, “Sellers pricing closer to fair market value are selling homes faster and on average at stronger prices than those willing to risk listing high and dropping price later.”
To read the rest of Hoff’s insightful blog post on the current state of the Coto de Caza real estate market, visit http://jameshoffrealty.com/coto-de-caza-market/.
James Hoff’s team currently ranks #1 in Keller Williams Mission Viejo, #2 of nearly 80,000 Keller Williams agents and teams internationally, and currently sits comfortably in the top 3 of more than 20,000 Orange County Realtors® from all brokerages.
About James Hoff:
Leading Southern California Realtor® James Hoff recently closed his 12th side in less than one year. Hoff has been in the sales arena for more than ten years, having worked for companies including New Balance, DHL and Callaway Golf.
James' current team includes an in-house Contract Manager, Transaction Coordinator and Marketing Department that allows him to focus his attention in the field networking with clients, selling homes and remaining in front of and up to date on the current market conditions.
Leveraging the power of a national network, Hoff plans to assist with closing deals in his local market as well as on vacation homes, rental properties and more while connecting with Realtors® across the country to create positive business partnerships.