There aren't that many homes on the market right now and there are lots of people who want to buy a house in Arcadia. Your 3 bedroom should easily sell for $950,000-$1,500,000. We would need to look at the specific area to lock down the price.
If you have a home in Arcadia, then you know that property values are closely tied to the school system. It's one, of many, reasons why the same size home in Arcadia will sell for almost double that of one in the surrounding neighborhoods. Arcadia is doing a lot of work to improve the school system already in place; just look at new school construction, educational rankings, etc.
"Your Trustworthy, Professional, & Reliable Realtor"
RE/MAX College Park Realty
I read your question and comments to the other fellow agents and sees that you are interested in selling this property and purchase 2 other properties for yourself and your mom. If that is the case my recommendations would be to start selling. Arcadia has steadily increase in value in the past years while other locations have plunder. its true summer is the best time to sell because people with children utilizes that time to transfer between grades. but, it means the market will also be flooded with people who want to buy @ the locations where you are trying to buy your 2 new properties, so the knife cuts both ways. I work with many Investment companies, the ones who are building the big homes in the area, who will buy your property with cash. so if you are interested in selling, give me a call and I can get you some cash quotes and you can use those quotes to consider if it is the right time for you to buy or not. so call me and I can schedule a meeting and get you some real cash quotes. 626-242-4088 Paul Cheng or email me at Paulrealtor@yahoo.com
Real estate has their cycles. We are almost at the bottom of this cycle. Sell at low, buy at low. No one can guarantee how much it will go up or go down. Properties values are likely to increase in the next few years according to many statistical projections. Arcadia prices has been holding very steady. If you are looking for exponential growth, you may want to look into adjacent area to Arcadia where prices still has no yet stabilized.
Please feel free to contact me with no obiligation for a FREE comparative market analysis of your home. Thank you.
Arcadia Resident-57 Years
Century 21 Ludecke, Inc.
So again, it comes back to your situation.
Right now, the market is hot. Inventory is low and demand is high, it is spring/summer and the buyers are out looking. Good properties do not last long on the market. In my opinion, at least for the short term, I forecast property values to increase.
Arcadia and San Marino is my home market, Call me 626-358-2360 if you have any questions or you need any help
I work at Coldwell Banker in Arcadia, so I know the market very well. Right now is a perfect time to sell. There is a lack of inventory, which means not many people are selling, so houses that are listed go pretty quickly.
I would be more than happy to send you a Comparative Market Analysis. Please call me with any questions you may have.