High Desert July 2024: Local Market Update For Victorville, Apple Valley, Hesperia Area Insights
High Desert Real Estate Market Update For July 2024: Local Market Update For Victorville, Apple Valley, Hesperia Area Insights
Angelica & Laura Bonilla, your trusted REALTOR®, here in The High Desert Victorville, California, are excited to present the latest data and trends in the local housing market.
Victorville Real Estate Market Update - July 2024
Sellers' Market:
Months Supply of Inventory: The current inventory level in Victorville is at 1.98 months, signaling high demand and making it an ideal time for sellers to list their properties.
List to Sold Price: Sellers are receiving an average of 100.5% of their listing price, indicating a strong position for sellers to secure top dollar for their homes.
Buyers' Alert:
Days on Market: The median days on market in Victorville is just 20 days. Homes are selling rapidly, emphasizing the need for buyers to act swiftly.
Median Sold Price: The median sold price in Victorville stands at $440,000, showcasing a stable market for both buyers and sellers.
In the present real estate market scenario, setting the right price is frequently the key factor behind a house not finding a buyer. It is essential for a home seller to accurately determine the price of their property to facilitate a successful sale in the prevailing market conditions, characterized by numerous unsold properties.
Whether you are considering selling or buying a property in Victorville, now is a compelling time to navigate this thriving real estate market. Stay informed, make strategic decisions, and reach out to us for expert advice tailored to your real estate needs.