Summer can be a time for rest, recovery and rejuvenation but it can also be a time for opportunity in the San Francisco Real Estate Market!
With the summer real estate season upon us, some Buyers or Sellers are taking a break from the real estate market. At this time of year, property inventory usually declines before the fall season. Although, this can mean that there are great opportunities for both Buyers and Sellers.
A smart Buyer will have the opportunity to pursue properties with less competition when other Buyers are taking a summer break. In some instances, properties that have been on the market for a while may have motivated sellers and provide the chance to negotiate on price.
For Sellers, this might be a good time to use Coming Soon or Private Exclusive to get a feel for the interest level in your property or to test the market, if you have plans to list your home this fall. With generally lower inventory in the summer, you will be able to gauge interest or even sell off-market before you prepare your property, if the right offer is received.
Smart Buyers and Sellers will take advantage of the opportunity the seasonal summer dip can offer. Call for more information about the current market or to discuss your real estate goals!
Cece & Team
San Francisco Single Family Homes
San Francisco Condos
