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Around The Lake

Discover All You Need To Know About Real Estate And Our Surrounding Communities



Experts-Forecast-the-2023-Housing-Market
The housing market has gone through a lot of change recently, and much of that was a result of how quickly mortgage rates rose last year. Now,...
Foreclosure-Headlines
If you’ve seen recent headlines about foreclosures surging in the housing market, you’re certainly not alone. There’s no doubt, the stories in the media can be pretty...
Price-your-Home-Right-1
Last year, the housing market slowed down in response to higher mortgage rates, and that had an impact on home prices. If you’re thinking of selling your...
Housing-Market-Featured-Image
It doesn’t matter if you’re someone who closely follows the economy or not, chances are you’ve heard whispers of an upcoming recession. Economic conditions are...
What-Experts-Are-Saying-About-the-2023-Housing-Market
If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market...
What-Are-Your-in-the-Housing-Market-This-Year
If buying or selling a home is part of your dreams for 2023, it’s essential for you to understand today’s housing market, define your goals,...
Key-Advantages-of-Buying-a-Home-Today
There’s no doubt buying a home today is different than it was over the past couple of years, and the shift in the market has led to...
Needs-Wants-for-todays-homebuyer
There’s no denying mortgage rates are higher now than they were last year. And if you’re thinking about buying a home, this may be top of mind...
Selling-in-Todays-Market-300x200
If you’re thinking about selling your house, you’re likely hearing about the cooling housing market and wondering what that means for you. While it’s not the...
Benefits-of-Multigenerational-Households
If you’re thinking of buying a home and living with siblings, parents, or grandparents, then multigenerational living may be for you. The Pew Research Center defines a...
Millennials-Are-Still-a-Driving-Force
If you’re thinking about selling your house but wondering if buyers are still out there, know that there are still people who are searching for a home...
Sell-Your-House-Before-the-Holidays
As you look ahead to the winter season, you’re likely making plans and thinking about what you want to achieve before the year ends. One...
Housing-Recession
Since the 2008 housing bubble burst, the word recession strikes a stronger emotional chord than it ever did before. And while there’s some debate around...
Close-Up Of Block With Question Mark Sign On Table
As the housing market cools in response to the dramatic rise in mortgage rates, home price appreciation is cooling as well. And if you’re following along with headlines...
Four-Things-That-Help-Determine-Your-Mortgage-Rate-Featured-Image-1024x683
If you’re looking to buy a home, you probably want to secure the lowest interest rate possible for your home loan. Over the last couple of years,...
Two-Questions-Every-Homebuyer-Should-Ask--1024x683
Rising interest rates have begun to slow an overheated housing market as monthly mortgage payments have risen dramatically since the beginning of the year. This is leaving some people...
Fall-Decorated-Homes-1024x683
Today’s housing market is different than it was just a few months ago. And if you’re thinking about selling your house, that may leave you wondering what you...
Mature married couple at home on the sofa looking at laptop
What Experts Say Will Happen with Home Prices Next Year Experts are starting to make their 2023 home price forecasts. As they do, most agree...
Will-My-House-Still-Sell-r-1024x683
If recent headlines about the housing market cooling and buyer demand moderating have you worried you’ve missed your chance to sell, here’s what you need to...
New-Homes-May-Have-the-Incentives-Youre-Looking-for-Today-1
According to the U.S. Census Bureau, this year, builders are on pace to complete more than a million new homes in this country. If you’ve had trouble finding...
Buyers-You-May-Face-Less-Competition-as-Bidding-Wars-Ease
One of the top stories in recent real estate headlines was the intensity and frequency of bidding wars. With so many buyers looking to purchase...
Why-You-May-Want-To-Start-Your-Home-Search-Today-1024x683
If you’re thinking about buying a home, you likely have a lot of factors on your mind. You’re weighing your own needs against higher mortgage rates, today’s...
Dining room in a modern kitchen
If you’re thinking about selling your house, you may have heard about the housing market slowing down in recent months. While it’s still a sellers’ market,...
The-U.S.-Homeownership-Rate-Is-Growing-1024x683
The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase,...

Year over year statistical data for Lake County ending November , 2021

This report is generated around the 10th through 20th of each month once the previous months numbers have been posted. What we see here is a report generated for the Hidden Valley Lake, CA through November 2021. So we are always looking a month behind. Our statistics are derived from the California Regional Multiple Listings Services (CRMLS) This is the Multiple Listing Service provider for all real estate brokerages in Lake County. If you have questions or wish to know a more specific account of your properties value and the timing of either selling or buying we are always happy to jump on a Zoom or meet with you at your property to evaluate and discuss a strategy. We can be reached via cell/text 707.580.3499 or email us at concierge@elitepartnersrealestate.com

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Quick Facts

SOLD

16

LISTED

42

PRICE

$449,250

DOM

32

The holidays are in full swing and the market is reflective of this fact. Every year the market slows during the holidays and starts to pick back up around the second or third week of February. This is a great time to be a buyer as inventory remains low but demand slows down a bit which allows buyers a real chance at getting their offers accepted as well as not having to over bid as much. Don’t get me wrong we are still very much is a seller controlled market and if priced right a home sells fast. In November 2021 we had 16 homes sell throughout Hidden Valley lake This is a -27.3% decrease year over year. Our inventory has increase substantially +68.0% to 42 units available for sale which is still well below our 64 units number back in 2019. We compare 2019 because this was pre-pandemic numbers. 

Lake County remains one of the most affordable counties in all of California and Hidden valley Lake is one of the biggest draws to the area. Our average sold price of $449,250 which is an increase of +15.0% year over year and about 45% increase since November 2019 pre-pandemic prices. Homes are selling a little more than three times as fast as they had back in 2019 and -54.3% faster than a year ago. Our days on market (DOM) is 32 days. This means the average home is selling with in 32 days from list to sold. 

A seller should expect their agent to prepare and share a thorough marketing plan on how they will best position their home for sale. While there are lots of over asking offers and homes selling quickly this does not mean an agent should be cutting corners. A marketing strategy that includes a singular property website for your home, brochures, advertising and lots of social marketing should be expected to achieve the highest and best price for you home. 

Buyers need strong representation and a good negotiator to steer them through this complex web of multiple offers and pricing strategies. Not all homes are selling for above the listed price and in fact our current list to sold price is 98.4% which is up from a year ago. This means a buyer given normal conditions for a home could expect to pay 1.6% less or $7,188 less than the average listed price of $449,250. If your agent isn’t running these numbers and working hard for you, then you need better representation. 

I look forward to helping you achieve your goals while creating and amazing real estate experience from consultation to closing and beyond. After all, my job is about much more than selling houses. It’s about genuinely serving people well and helping them realize their dreams in the short and long term. That’s why everything I do for you, I take the added time and care to make sure the process is understandable, transparent and rewarding every step of the way.

One thing for certain. You’re going to love the results. Give us a call 707.580.3499 anytime for assistance. 

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The opinions expressed in this report are those of Don McDonald, Founding partner, and REALTOR with RE/MAX Elite Partners brokered through RE/MAX Gold. They are not in any way intended to express what RE/MAX, RE/MAX Gold or any other agent or brokerage may think. It is my honest analysis backed but some market data. Check back each month around the 25th or so for an update as we continue down this path. 

About Elite Partners

The diverse and high performing team at Elite Partners epitomize integrity, energy, hard work, and service throughout each transaction they conduct. The Elite Partners have been responsible for over $1 Billion in transactions over the last 13 years and have ranked in the top ten worldwide within RE/MAX.

Dynamic leadership and creative marketing at its best.

Contact Elite Partners, Powered by RE/MAX Gold

Residential Services 707-580-3499

Commercial Services 707-410-5399 Broker

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WHO YOU WORK WITH MATTERS

Global Connections

Over 130,000 Agents Worldwide in over 110+ countries you can be assured your home will be seen around the world.

Market Share

RE/MAX Gold enjoys a near 3 to 1 market share advantage. This means 1 out of every three homes is a Gold Nation Home

$1.5 Billion

With over 20 years local market sales and over $1.5 Billion sold you can trust your dealing with experts who will get it done

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Check our reviews. Our client's love us. We put in the work, and always put you first. Trust, integrity, honesty and passion!

If you live here already, you know how blessed we are. If you’re considering living or investing here, you’ve probably experienced some of the area’s extraordinary possibilities: country settings and small-town communities; enthralling agricultural beauty, and true farm to fork lifestyle, If Northern California is your real estate destination, you’ve arrived at the right spot. Whether you’re looking to buy your first home – or to sell an estate – expect nothing less from us than a Meritage blend of real estate expertise, professional service, creativity, and a passion for achieving your goals. 

December 29, 2021
Hidden Valley Lake Monthly Market Trends- November 21 (2)

November 2021 Hidden Valley Lake Housing Report

http://victoriagindelehomes.com/wp-content/uploads/2021/12/Fall-Market-Trends-Video.mp4 Year over year statistical data for Lake County ending November , 2021 This report is generated around the 10th through 20th of each month once […]
January 10, 2022

Why Selling Your House with a Real Estate Professional Is Essential

Selling your house is no simple task. And when you sell on your own – known as a FSBO (or For Sale by Owner) – you’re responsible for handling some of the more difficult aspects of the process without the expert guidance you need.
January 29, 2022

Sellers: Don’t Wait Until Spring To Make Your Move

As you plan out your goals for the year, moving up to your dream home may top the list. But, how do you know when to make your move?
May 25, 2022

Are There More Homes Coming to the Market?

According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of homes for sale is so low today.