As we enter the new year I can’t help but feel a sense of excitement for the Eichler real estate market. Right now the inventory of Eichler homes for sale is low and the rule of supply and demand for Eichlers is in full force throughout the Bay Area, making it pretty much a seller’s market. Although we expect inventory to improve as spring/summer, the “traditional” home selling season, approaches I anticipate that prices for Eichler homes will continue to be solid. All in all, 2014 just may turn out to be a banner year for Eichler home sales.
In 2013 Eichler prices in the South Bay and Peninsula were strong, ranging from an occasional home in the $750-$850K range to Eichler homes priced well over $2,000,000. 2013 Eichler home prices in Marin and the East Bay were competitive with Peninsula prices – and I anticipate they will remain so – making the North and East Bay a great place for Eichler homebuyers to begin their search.
If you are thinking about buying or selling an Eichler home this year, it isn’t too early to start the process. Right now we have several new Eichler listings either for sale or about to hit the market, including an original in Walnut Creek at 218 Divisadero and a beautiful new listing at 620 Montecillo Road in San Rafael. By the time you are reading this, I anticipate that we may have two or three more Eichler homes up and going.
To keep your finger on the pulse of what is happening in the world of Eichler homes, sign up for our Eichler Listings Alert and we will inform you of our listings before they hit the market. Check out our listings page to see Eichler homes that are currently for sale. Contact us for more information about buying or selling an Eichler home in the Bay Area.