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FOR THE WEEK OF February 17th to 23rd, 2025
Greetings,
As we approach the final week of February, the Bay Area real estate market continues to show gradual momentum, with buyers and sellers preparing for the upcoming spring season. Inventory levels remain relatively low but are slowly increasing, bringing more opportunities to the market.
Weekly Market Snapshot (Feb 17 – 23):
The past week saw a steady number of new listings hitting the market, with homes in desirable locations continuing to attract strong interest. Multiple cash transactions took place, particularly in competitive neighborhoods, as buyers seek to bypass current mortgage rates. Pending sales are picking up, reflecting a shift as more buyers become active in anticipation of the spring market.
To keep you informed, we have compiled a list of properties that transitioned from “Available” to “Sold” and “Pending” in the past week. If you’re curious about recent sales in your area or looking to make a move, don’t hesitate to reach out.
Spring Market Outlook – A Great Time to Plan
Historically, the weeks following February see an increase in listings, making it an excellent time for both buyers and sellers to act. If you’re considering selling, preparing your home now can help position it effectively as we move into the peak season.
For buyers, keeping an eye on new inventory and being ready to act quickly will be crucial as competition increases. Whether you’re looking for your dream home or an investment property, planning ahead will give you an edge in this evolving market.
Your Trusted Real Estate Resource
Our team remains committed to keeping you informed and providing expert guidance tailored to your real estate needs. Whether you’re buying, selling, or simply looking for market insights, we are here to help you navigate every step of the way. Let’s connect to discuss your real estate goals for 2025 and how we can best position you for success in the upcoming months.
Wishing you a fantastic week ahead!
Warm Regards,
Henry Chu and Denise Liew
Presented by Henry Chu
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