Oakdale Real-Estate Update, and Other Tips from Cardinal Realty - Patch.com

This may be the perfect time to do some remodeling before the holidays. Pick up the tour books at any Holiday Station or click here to search for homes. Many of the homes on tour have been professionally decorated so even if you aren't in the market to remodel this year you may want to stop in just for some great new ideas to spiff up your home. Many times the architect or remodeler will be present to help answer any questions you may have. Don't be afraid to ask who supplied the cabinets, flooring or even the paint colors. There were 40 closed sales which is 29 percent higher than the same period a year ago. The sales prices decreased by 19 percent when compared to last year. This decrease can be attributed to the high number of foreclosed homes and distressed properties that have sold. Sellers are receiving about 90 percent of their asking price and homes are taking, on average, 105 days to sell. Keep in mind that sale prices do not reflect any seller-paid concessions (i. Interest rates are low, inventory is solid and sellers are ready to negotiate. The number of closed sales increased by 93 percent and sale prices also declined by 13. Sellers are receiving about  94 percent of their asking price which is very similar to the previous August. The number of days on the market increased to an average of 121 days. With less inventory coming onto the market and the number of sales increasing, we are seeing more balance to the market. With the help of a Realtor your home will eventually sell if you have it priced correctly and in good condition. The market continues to be a "buyer's market" due to the large supply of Homes for Sale. Log in)Create a new Patch accountYour name[["validates_presence_of",{"message":"Please enter your name. Homes for Sale