Silicon Valley Home Sellers
Agent & Price
Silicon Valley is currently experiencing a seller’s market. The definition of a seller’s market is a real estate market that has a low inventory of available homes and a high number of homebuyers who are wishing to make a purchase. Many sellers are receiving multiple offers and overbids, especially in Cupertino, Sunnyvale, and Palo Alto. It is currently a time of great job growth in the region and the tech firms, both the giants and the start-ups, are hiring. As engineers, writers and business professionals are considering job offers, they are looking for homes with tolerable commutes and those with families are interested in the areas with superior schools. The result is a housing shortage and a hot seller’s market.
The real estate market in Silicon Valley can be described as “on fire”. The current condition owes its advent to a combination of factors: the job market has increased in recent years, drawing more people to the area; there is greater financial benefit in owning a home vs. renting a home; and with the recent increase in Silicon Valley IPOs there are many new buyers on the market looking to invest in real estate. Home values continue to rise and properties are frequently selling in less than 60 days. It is not unusual right now for homes to sell in less than 24 hours after being listed.
Selling a Home in Silicon Valley
The time of year also has a significant impact on real estate in Silicon Valley. Spring and early summer are typically the busiest time for home sales. The weather in Silicon Valley in the spring is superb – the sun is shining, the flowers are in bloom and curb appeal is at its highest point. When you sell in April to July, there’s enough time to either finish the school year or be moved into a new home before the new year begins in August.
With Geoff Hollands’ knowledge and experience, he will be working with you to set the most beneficial price possible; navigate the complexity of negotiations; and take care of the legal documents to make the selling process as straightforward as possible. Geoff is also an expert in preparing a home for the market, with the resources to take care of repairs and improvements and even staging a home with the appropriate furniture and accessories for the greatest possible impact when the house is shown. Geoff is focused on giving the home maximum exposure for the best possible return on his client’s investment.
When you’re ready to sell your home in Silicon Valley, connect with Geoff and his team of professionals. They look forward to hearing from you soon and welcome the opportunity to earn your trust and lasting business. Connect today!