High Desert Real Estate Market Update For July 2024: Local Market Update For Victorville, Apple Valley, Hesperia Area Insights

Victorville Real Estate Market Update - July 2024: A Thriving Market for Buyers and Sellers

Hello everyone, and welcome back to another market update with Angelica & Laura Bonilla, your trusted REALTOR® here in The High Desert Victorville, California. As your go-to real estate expert, I'm excited to share the latest data and trends in our local housing market. Whether you're looking to buy or sell, staying informed is key to making the best decisions. Let's dive into the current state of the Victorville real estate market.

Months Supply of Inventory:

Exciting news for sellers! The current Months Supply of Inventory in Victorville stands at an impressive 1.98 months. This low inventory level indicates high demand for homes in our area, making it an ideal time for sellers to list their properties. If you've been considering selling, now is the time to act.

List to Sold Price Percentage:

For those looking to sell, the List to Sold Price percentage is a fantastic 100.5%. This means that sellers are not only finding buyers but also getting top dollar for their homes. It's a seller's market, and properties are selling at or above their listing prices. If you're ready to sell, you can expect to achieve a great return on your investment.

Median Days on Market:

Attention buyers! The median days on market in Victorville is just 20 days. Homes are selling quickly, so if you're in the market for a new home, it's essential to act fast. With properties moving swiftly, you don't want to miss out on your dream home.

Median Sold Price:

The median sold price in Victorville is currently at $440,000. This steady price level indicates a strong and stable market, providing opportunities for both buyers and sellers. Whether you're looking to invest in a new home or sell your current property, the market conditions are favorable.

Seller's Market Insight:

It's a seller's market, but pricing your home right is key. Buyers are well-informed about market conditions and won't hesitate to pass on overpriced listings. Homes that are priced too high are not receiving offers and are expiring off the market. To ensure a successful sale, work with a knowledgeable REALTOR® to set a competitive price.

In summary, the Victorville real estate market is thriving with high demand, quick sales, and steady prices. Whether you're buying or selling, now is the perfect time to make your move. As your local REALTOR®, I'm here to guide you through every step of the process and help you achieve your real estate goals.

In summary, the High Desert real estate market is thriving with high demand, quick sales, and steady prices. Whether you're looking to buy or sell in Victorville, Apple Valley, Hesperia, or Oak Hills, now is the time to make your move. As your local REALTOR®, I'm here to guide you through every step of the process and help you achieve your real estate goals

Thank you for tuning in to this market update. If you have any questions or need assistance, feel free to reach out. Stay tuned for more updates, and happy house hunting!

Laura Bonilla

Angelica Bonilla

Excellence Real Estate HD

951-544-0107