Alpine's Palo Verde Ranch Summer Market is Already Heating Up and Has Nothing to Sell

Rachell Lara of the MC Team Alpine Realtor & Alpine Neighborhood Specialist Call 619-316-7445 or click http://www.wheretobuyinsandiego.com/community/area/Alpine/

  

Alpine's Palo Verde Ranch Summer Market is Already Heating Up and Has Nothing to Sell

The weather has been heating up, well depending on the day, we have also been cooling down, like today. When it gets hot the best place in Alpine to be is at Palo Verde Lake or your own pool, however depending on your yard, there is room for a lot more of us at the lake. Those wanting to move to Palo Verde Ranch to take advantage of that lake however are having a hard time finding something to buy.

 

Palo Verde Ranch has been extremely low on inventory since the beginning of this year. In fact as of now there are no Palo Verde Ranch homes for sale. There are a few Rancho Palo Verde homes for sale, the sister community of Palo Verde Ranch.
 
Palo Verde Ranch Homes located in Alpine, CA: Sold in 2013

Palo Verde Ranch has been extremely low on inventory since the beginning of this year. In fact there have only been 3 houses that have sold in Palo Verde Ranch since the beginning of this year. 

3252 Via Viejas was a bank owned foreclosure
3113 Via Luiseno was a short sale
3520 Calle Colina Roca was a bank owned foreclosure

Palo Verde Ranch Homes In Escrow:
 

2682 Via Diegouenos is a Short Sale waiting for bank approval
3109 Via Luiseno is a Short Sale with bank approval
3109 is a Traditional Sale that was on the market for less than 2 months
3520 Calle Colina Roca is an investor flip that was on the market for 28 days and was the foreclosure purchased in February.

While lower sale prices may have been keeping others off the market, especially since the ones that have sold have been distressed sales, the current pending numbers are showing that prices are on the rise and people aren't afraid to spend money for what they want. If we had better things to sell, other than short sales and foreclosures, or really anything to sell at this point, we could record actual sales showing increased prices.

Currently I have several buyers interested in a home in Palo Verde Ranch and Rancho Palo Verde. One is even interested in leasing for a while until we can find her the right home. For a home evaluation and marketing plan for Palo Verde Ranch or any Alpine neighborhood contact Alpine Real Estate Agent or call or text Rachell Lara directly at 619.316.7455.

Alpine Rancho Palo Verde has 4 Houses for Sale

619.316.7445 Rachell Lara Rancho Palo Verde Realtor  and Alpine Neighborhood Expert http://www.wheretobuyinsandiego.com/community/area/Alpine/

Rancho Palo Verde Has Only 4 Houses on the Market

Alpine has been experiencing extremely low inventory as of late. Of course almost all of San Diego has been. As a whole we have been holding steady at around 40 something houses for sale in Alpine for the last few months. 

Now Rancho Palo Verde has been doing a little better inventory wise than it's sister community Palo Verde Ranch has been doing since currently they have no houses on the market. At least Rancho Palo Verde has 4 houses for sale. 

Since only 8 homes in Rancho Palo Verde Sold Last Year we are currently at 6 months of inventory, which is considered a "Buyers Market". Something that is becoming a little more rare these days throughout the county, but certainly normal and expected in the higher price brackets of the Luxury Home Market.

The first one is on Via Viejas Oeste and was taken off the market in 2011 and put back on the market at the beginning of this year

Now the house on Firebrand, the second from the top is an investor flip and sometimes at the higher end these end up flopping. This one has already decreased its value from the $800,000s to the $700,000s.

The 3rd one, on Via Tesoro has been on the market on and off since 2010 and has been on full time since April of last year.

The 4th one on Via Viejas Oeste has been trying to sell for a while too. Now they have switched real estate agents to see if that would help.

None of them seem to be new to the ball. 


What does this mean if you are looking to buy in Rancho Palo Verde? 
To some degree you have more power than if you were in a slightly lower price range. However these are still on the market because the sellers haven't been willing to take what the buyers have wanted to pay. So they may sit on the market a while longer until either the market goes up to where the sellers are happy or they decide it is better to move to the next house instead of be stuck on a particular price.


What does this mean if you are thinking about selling a Palo Verde Ranch home?
There is still little or no competition. Since these houses have been over exposed to the market. If you are ready to sell there are buyers waiting for the right house to come on the market. 

If you would like more information on Buying or Selling in Alpine's Rancho Palo Verde or if you would like information on any of Alpine's neighborhoods. Please call 619.316.7455 or stop by Starbucks Thursday mornings between 8:30-10 for a more informal meeting. I love talking Alpine and informing people so they can make the best decisions for them and their families. 
 

http://www.wheretobuyinsandiego.com/listings/areas/27280/subdivision/rancho+palo+verde/propertytype/SINGLE/listingtype/Resale+New,Foreclosure+Bank+Owned,Short+Sale,Lease+Rent,Auction/

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