We understand that the low inventory of residential properties currently for sale in Anaheim 92806 is a matter of concern for the real estate market. With only 3 listings available for sale today, it indicates a shortage of supply for potential buyers, which may lead to an increase in demand and prices. In comparison Anaheim 92805 has 30 properties for sale and Anaheim 92807 has 24 properties for sale.
This low inventory can be attributed to various factors, such as high mortgage rates, and a resistance of selling with the need to purchase while sitting on a very low interest rate on your current. Additionally, some homeowners may be hesitant to list their homes for sale due to the ongoing pandemic or uncertainty in the market.
This is an excellent time for sellers to take advantage of the low competition and potentially receive multiple offers, leading to quicker sales and potentially higher profits. However, this may not be ideal for buyers, who may face more significant competition and potentially higher prices.
Overall, it will be interesting to see how the real estate market in Anaheim 92806 develops in the coming weeks and months, and how the low inventory will affect both buyers and sellers.
The Keaty Team, Kevin and Soraya are always ready to answer any real estate questions you may have. Soraya, 714-745-2788 and Kevin at 714-608-3298.
Berkshire Hathaway HomeServices California Properties, LN 01276603, 01050788