Regaining Our Sense of Balance
September 22nd, 2009
The Palmer Ranch real estate market has always been traditionally healthy. Beautifully manicured roadways, parks, upscale fitness centers, shopping and medical care are all part of this great location. A great variety of neighborhoods exist in Palmer Ranch which will likely have a product for any buyer in any price point. From $100,000 condominiums to multi-million dollar estates, Palmer Ranch has it all. I have made learning about this area very simple for buyers with my interactive Palmer Ranch map guide.
Feel free to contact me at DrewRussell@MichaelSaunders.com with any and all questions relating to Palmer Ranch real estate.
As evidenced by the graph below, it becomes clear that the Palmer Ranch market is indeed looking healthier by the month. Starting in January of 2009, we have seen a steady decline in months of inventory based on pended sales. Most real estate experts agree that a balanced market occurs when there is five to seven months of supply actively for sale. The graph shows that in June, Palmer Ranch had 6.4 months of inventory. In July the figure was an astounding 5.8 months, and for August the number was 6.6 months. I am encouraged by the decrease in homes on the market and thoroughly pleased to see some pockets of our local market regaining a semblance on balance.

Posted by:
Drew Russell








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