Keep informed and up-to-date on the San Lorenzo real estate market. Smart home buying in San Lorenzo means knowing about San Lorenzo home sales, San Lorenzo new listings and San Lorenzo home price reductions when they happen. As a California Licensed Real Estate Agent practicing in San Lorenzo, Wayne Gregori and Jill Gregori are Broker/Owner of The GregoriGroup, a group of Realtors ® representing clients in buying and selling of San Lorenzo Real Estate.
It's a sellers' market across the Bay Area, with buyers in April snapping up properties in all six counties.
Generally, a housing market favors sellers when more than 35 percent of homes are in contract, and a buyers' market is indicated when less than 25 percent are in contract. A market is considered balanced when 25 to 35 percent of the homes are in contract.
Here's a snapshot of the percentage Bay Area homes in contract at the end of April: