Upper Mission - Single Family Homes [MLS Lisitngs] are beginning to "thin out"

Posted February 10, 2013 by Brent Pay - Century 21 Assurance Realty....

The Upper Mission MLS inventory of single family detached homes now stands at 157 listings.  This is down over 15%  from the same time last year.  More noticeably, resale homes priced under $500k total only 13, of which several of these are located in the new phase of The Ponds and can be defined as "mimimalistic" properties.

This Agent had stated previously [October, 2012 blog] that lot prices in the area were inevitably going to lead toward a shortage of affordable, quality homes under $500k in the Upper Mission sub area. It appears we are arriving to this point in time and maybe that is a good thing!

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Brent Pay

Brent Pay

Affiliated Real Estate Agent
CENTURY 21 Assurance Realty Ltd.
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