Bressi Ranch Real Estate Market Update January 2014

Bressi Ranch Real Estate Market Data For January 2014


Planning to sell or buy a house in Bressi Ranch? Michael Gaddis, J.D. Realty Group shares pertinent market data to help you with your real estate decisions. Michael Gaddis will post quarterly to monthly market updates on Bressi Ranch real estate market activity from the number of listings on the market to price for square foot in the neighborhood. If you need assistance or would like more in-depth about a home or the Bressi Ranch neighborhood call 760.487.8266 or stop by the office at the Towers at Bressi Ranch: 6104 Innovation Way, Carlsbad, CA 92008

Video Transcribed
Hi I’m Michael Gaddis, your local real estate broker and Bressi Ranch neighbor. My office is at the towers of Bressi Ranch which is a stone’s throw away from the residential community of Bressi Ranch. The purpose of this video is to provide you with a market conditions update for Bressi Ranch as a December 12 2013. In addition to these videos which I’m going to be putting out once a month,
once a quarter I am going to be delivering to your door a market report for Bressi Ranch to look something like this one. It will have all the active contingent, pending and sold listings for the area and should provide you with a lot of information and updates just your current home’s value.

Right now in Bressi Ranch, there are four active listings. There are three contingent listings. There are four pending listings and there are six close listings that have occurred since October 1st. As for those of you who do not know what a contingent listing is, a contingent listing is a listing that requires approval above and beyond just a normal sale between a buyer and a seller. For example a short sale. Short sales once an offer is accepted going to the contention status meaning that they are subject to lender approval. So there are currently three of those in Bressi Ranch.

As I mentioned, for pending listings and six close listings as of October 1st. The most expensive listing that occurred on October 31st 2013. 2571
a Rundle Avenue, it closed on as I mentioned October 31st 2013 for $1 million and 65 thousand dollars. It was a 4596 square foot home. On average, based on the data that I pulled, the average home is selling for 952,399 dollars. It is the average home is 3,506 square feet and the price per square foot is two hundred sixty dollars and 97 cents. And the average days on market is around 67 days.

I hope this information helps you out for more information and you can either contact me directly at my office and just stop by because I’m just around the corner, or you can wait to see if you know when you get one of these on your door. You can just visit my website. Thank you so much and I look forward to seeing you guys. Thanks a lot.

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