Mather Real Estate-Happy New Year 2016

The economy may be slowing as the Fed. has begun raising rates. What impact this may have on real estate prices is unknown. Mortgage rates at the time of this writing have remained the same and evan a little lower.

October had 4 sales with 8 pending sales in Mather, November had 6 sales and 7 pended, December had 5 sales with 9 pending. January has 5 homes for sale ranging in price from $251,000 for a 1253 sq. ft., to $492,000 for a 4062 sq.ft.home.

Since October 20 have sold, with an average sale price of $337,290. Average sq.ft. price was $161.84. Of course smaller square foot homes have a higher $/Sq.ft. Average cumulative time a home remains on the market is currently 43 days.

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Lynn and Brent Vockrodt

3620 Fair Oaks Blvd. #300
Sacramento, CA 95628
Mobile: 916-802-7170
Office: 916-873-7553
Contact Us: Bvockrodt@gmail.com

Lynn CA BRE# 01501909
Brent CA BRE# 01890812