#SellWithHollyNoto #SellingSanCarlos ?? MOST COMPETITIVE NEIGHBORHOODS OF 2019 ?? #ElSerenoCorte #WhiteOaks #SanCarlos RANKS #1
As the year comes to an end, a real estate brokerage website has ranked the 20 most competitive neighborhoods of 2019
California’s Bay Area neighborhoods made up half of the list, with the White Oaks section of San Carlos, Calif., being the most competitive neighborhood on the year in terms of homebuyers.
While bidding wars have steeply declined nationwide, the same can’t be said for the Bay area, where 10 of the top 20 most competitive neighborhoods of 2019 reside.
Ranking was based on:
The number of waived contingencies, how fast a home is sold under contract and how much higher the list price is compared to the price it was sold.
most, if not all, of the homes there received multiple offers, many with waived contingencies. In White Oaks, another Bay Area neighborhood, over 71 percent of homes sold above the initial listing price between January and November 2019. A typical home there was sold within 12 days
Homes that are move-in ready and priced right typically receive offers within 12 to 14 days,"
We've heard a lot of people say the Bay Area housing market is cooling this year, but I’m seeing the opposite.
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? 2019 #iBAMNRE