- Dax NollenbergerDax’s Data- The Benefits of Strategic PricingSeptember 2, 2021Let’s talk through a hypothetical scenario for a moment. You’re discussing listing price strategy with your Santa Cruz realtor and the agent suggests a price range between 1.3M and 1.4M. The house, based on 5 comparable homes in the area, is worth about 1.4M. While initially on board, a few days go by and you see a comparable house down the street that was originally listed for 1.3M sell for 1.5M after only 6 days on the market. “That’s what my neighbor got for a...
- Dax NollenbergerDax’s DataAugust 11, 2021The inventory in July was the second most inventory in the last 3 years (behind only May 2021)! While on the surface that’s good news for buyers, looking holistically gives a bit of a different picture of the market as a whole. Days on market was only 15 days which is the 3rd lowest number of days in a 3-year period. Months of inventory, which tells us how quickly we would run out of inventory if no more supply came on the market, is at...
- Dax Nollenberger
