Thursday, November 19, 2015

Fire Mountain and local Realtor - Market Update

I’m Melia Indra, a resident of Fire Mountain and local Realtor since 2008. I love our Fire Mountain neighborhood and wanted to re-connect and provide information on what real estate service we provide as well as current market statistics. 
Last week I visited a few neighbors to give them the update on their homes. I shared that inside our small community of around 450 - there were 11 active listings. A healthy market has around 6%-10% active listings. 11 active is only 2.4% - so a very low inventory - which is great for Sellers, but not great for Buyers. I went door knocking to see who was interested in selling their Oceanside home. Guess what, not many. Turns out Fire Mountain residents really love living in Fire Mountain, and for the most part they found their 'forever home'. 
In the past six months, there were 21 solds in 2015. With an average of 25 days on the market and average of $350 dollars per square foot, averaging $620,000 sales price. Fire Mountain has a variety of homes, from large estates to small 1950 bungalows - so the price range really goes from $550,000 (a fixer) to $1.599 million (current listing on 1894 Avocado )
If you're a home buyer looking to get into Fire Mountain, reach out to me with your wish list. I'm happy to connect with my neighbors to bring you together with a seller who a home that fits your criteria. Here is a list of all homes for sale in Fire Mountain  Currently there are no foreclosures in this neighborhood. However, I've heard the foreclosure inventory will rise from 5%-10% in the coming year, so if you are waiting for a foreclosure property to come on the market, please let me know so I can alert you when they arrive. 
Our Real Estate team uses the latest innovations in marketing, both local and global marketing and advertising. In addition we will advertise in the very best publications, top of the line Internet sites, like  Google, Bing, Trulia, Home Finder, the Robb Report, Bloomberg News, the LA Times, Orange County Times  market specific television and additionally, the top domestic and international media to attract international buyers from around the globe and specifically network your property to top luxury buyers and brokers throughout the world. Your property will be promoted to all realtors for their client’s consideration, along with top tech industry professionals worldwide. We will target prospective buyers with aggressive multiple listing services (MLS) throughout the entire Southern California region and be extremely aggressive to bring about offers on your property.
Our team has personally marketed and sold over 130 properties and 10% had been on the market with other brokers who couldn’t get them sold. Of those properties, 99% were sold for asking price. We are fully confident that we can use our expertise to figure out what went wrong and correct it to get your property sold. Take advantage of our experience and success in your market and our expertise selling luxury properties in tough markets.
It would be our sincere pleasure to help and represent you on both the buyer and seller in Oceanside!

Melia Indra
(760) 681-9960