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October 2023 Twin Creeks Real Estate Update

October 2023 Update

The Current Real Estate Market in Twin Creeks

With just one home for sale and only three with sales areed, we can see a big difference in market activity since one or two months ago. We know that there are still people looking for homes, as Open Houses have been getting plenty of activity, but home owners appear to be reluctant to sell for a variety of reasons, as discussed elsewhere in this newsletter.

As we move into Fall, and closer to the end of the year, it seems unlikely that we will see any significant changes in our local market, as real estate activity generally dries up once we pass Thanksgving in almost any year. We can reasonably expect to see a handful of homes coming on the market this year, but still not enough to meet buyer demand, so well priced ones should still sell quickly, particularly if they are updated and show well.

Questions about the real estate market in Twin Creeks or anywhere else? Call Bernard Gibbons on (925) 997-1585 or Michelle Hensley on (925) 785-5544 anytime, or email team@bernardgibbons.com. We will help in any way we can and we are always happy to hear from you.

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