Here it is August 2018 and the San Francisco Bay Area is now back from the housing crash. In most markets around the SF Bay, prices have already exceeded previous highs from 2005-2007, before the
The Vallejo Fairfield Area Is The Hottest Real Estate Market In The USA
It's February 2017 and once again VALLEJO CALIFORNIA is the #1 Hottest Real Estate Market in the USA!
The National Association of Realtors just released the list of
America's Hottest Real Estate Markets for February 2017
Once again the Vallejo - Fairfield area is at the nation's top spot. There are several factors are affecting this such as low inventory, relatively low prices compared to neighboring areas like San Francisco, Napa, Sonoma, San Jose, etc. and as Realtor.com says the median days on market. Homes are selling fast, over the listing prices and getting multiple offers. Buyers are often times forced to agree to higher earnest money deposit funds, shorter (or no) contingency periods such as inspections, investigations, appraisals or loans, if possible, in order to beat out other offers.Timing is a key factor in today's hot market so if you're really serious about purchasing your home, you better be either proving that you've got the cash to do it, proving that you're pre-approved, and ready to move fast with a fair or even excellent offer that is sometimes way over what the sellers are asking.
I know it doesn't make sense to many and it's hard to trust, but I've put in 19 offers for one client (most of which were great offers over asking) due to other offers higher and/or better than theirs. This is especially true in the lower priced homes, such as those in the $250,000-$450,000 price range. Other homes in the higher price ranges typically take more time to sell for various reasons.
In the luxury real estate market, most tend to sit one the market because there are fewer people able to purchase in those price ranges, depending upon the area. In San Francisco they are still selling pretty fast, but in the Vallejo - Fairfield area there are a lot more homes in the lower price ranges. The luxury markets of Solano County are spread out and there are some nice places in Vallejo (like Hiddenbrooke and a few others) but one of the best is in Fairfield, in a gated community called Eastridge, in Green Valley. There are a couple of builders that have done some of the custom luxury homes there and one has just sold pretty much all of their homes and are just about ready to sell their final one along with their model home. They were typically ranging from 3000-6000 square feet, offering little in the way of landscaping, pools, etc. Other homes built in the last 10-15 years in the area offer more mature landscaping and some have pools, hot tubs, pool houses, basketball courts, etc already.
One of my featured listings in the SF Bay Area is 5240 Sunridge Drive, Fairfield, CA 94534. Here is some more info about it and this highly desired area of Northern California. Fairfield is just east of Vallejo, and is often included in the hottest market with Vallejo (Vallejo-Fairfield-Suisun City).
This is truly an Amazing Custom Luxury Home. It is located in the Exclusive Gated Community (with Guard) in Northern California called Eastridge! It offers a heated black bottom swimming pool with waterfall, a spa and cabana/pool house w/ full bathroom and changing area plus a room for storing all of your favorite pool toys. The outdoor pool area sunbathing chairs as well as the outdoor patio furniture is included. While entertaining your guests near the backyard paradise with built in bbq and wet bar, you can easily go swimming or shoot some hoops or watch your family or friends do so. It has two Master Suites- one up & one down.
The Gourmet Kitchen has a walk in pantry, professional Viking dual oven with gas stove and a pot filler plus an awesome hood vent. It even has food warming trays on the kitchen island, and two sinks to make cooking, prepping and cleaning much simpler. There are granite slab counters & many amenities like a dishwasher, garbage disposal, breakfast area, built in fridge, microwave, and a really nice breakfast area overlooking the backyard, in addition to the formal dining room and climate controlled wine room nearby. From the breakfast area and kitchen you can easily see the Basketball court, tetherball pole and garden area.
Downstairs also includes 2 bedrooms and 2 1/2 bathrooms, an office, living room (with grand piano that you can play or let it play itself) and the 4 car oversized garage with mud room and storage. The main master suite downstairs has a nice sitting area, fireplace, walk in closet, access to pool/spa area, and the master bathroom includes a jetted tub, walk in dual shower, and dual vanities.
Upstairs has 3 bedrooms, 3 full bathrooms, plus a Home Theater with projector, surround sound and theater seating and a Game Room with a pool table, poker table, wet bar, patio, slot machines, and more is included (tv/speakers/fireplace/views/etc).
The property has mature landscaping, lots of trees including some fruit trees, and has a lot of stamped concrete areas like patios, walkways and the driveway.
The Green Valley area is an ideal location as it is situated in the middle of San Francisco, Wine Country, Silicon Valley, and Sacramento with easy access to many freeways such as the 12, 80, 680, etc. There are many great places to shop nearby as well as awesome entertainment like golf courses and much more. The schools are highly ranked in the area and it's a very enjoyable place to be. Several properties are available in this area but this is perhaps the best. In the Green Valley area there are some nice golf courses and also a wonderful area with volcanic-rock hills with many trails & a grass valley for nature-watching hikes, bike rides & scenic views called the Rockville Hills Regional Park.
Rockville Hills Regional Park has over 600 beautiful acres of grasslands and oak woodlands, with a dense mixed broadleaf forest. Part of the park actually goes through the Eastridge community so residents are able to easily access it and enjoy the rich, biological and diverse habitats which provide shelter to a variety of wildlife that make the park their home. Green Valley has a nice mix homes, condos, land, commercial properties, stores, wineries (just 30 minutes or less to Wine Country), etc, all spread out appropriately. This is in Fairfield California, close to great schools, shopping, entertainment and major freeways. Some of the nearby cities we cover and also nearby cities and areas are: Vallejo, San Francisco, Sacramento, Fairfield, Dixon, Davis, Napa, American Canyon, Danville, Suisun City, Concord, Santa Rosa, Vacaville, Benicia, Hiddenbrooke, Glen Cove, Vallejo Heights, Martinez, Richmond, Oakland, Walnut Creek, Novato, Petaluma, Rohnert Park, Sonoma, Pleasant Hill, Pleasanton, Berkeley, San Jose, Palo Alto, Sunnyvale, Alameda, San Leandro, Hayward, Union City, Livermore, Milipitas, San Mateo, San Rafael, Santa Clara, Mountain View, Cupertino, Menlo Park, Millbrae, Daly City, Elk Grove, Fremont, Lake Tahoe, Castro Valley, San Ramon, Alamo, Clayton, Blackhawk, Sausalito, Belvedere, Tiburon, San Pablo, El Sobrante, Pinole, Hercules, Crockett, Mill Valley, Fairfax, Ignacio, Corte Madera, Green Valley, Yountville, Saint Helena, Rutherford, Glen Ellen, Lake Berryessa, Yosemite, Travis Air Force Base, Mare Island Navy Base (closed), Rio Vista, Stockton, Modesto, Pittsburg, Antioch, Brentwood, Oakley, Emeryville, Piedmont, Orinda, Moraga, Lafayette, Alamo, Whispering Pines, Hobergs, Adams, Loch Lomond, Harbin Springs, Middletown, Hidden Valley Lake, Castle Rock Springs, Aetna Springs, Glenview, Lower Lake, Siegler Springs, Howard Springs, Geyersville, Simi, Clearlake, Healdsburg, Calistoga, Asti, Cloverdale, Preston, Windsor, Roseland, Ukiah, Woodland, and a bit further away but still within a day's drive to other great places like Las Vegas, Santa Cruz, Los Angeles, San Diego, Reno, Roseville and more. Since it's such an awesome property in so great of a location, Call now to get more information, set up a showing or to put in your offer.
All of this is in a safe, peaceful area on a Huge 2/3 acre lot.
This is a Must See, especially if you love entertaining.
Contact Scott Brown to purchase one of the best homes available for sale in Northern California today!
To read the full list and article regarding the hottest real estate markets go to
If you are looking to buy or sell any property in the San Francisco-Vallejo-Santa Rosa-Bay Area, contact me at 707-474-8855 or message me here to let me know.
Scott Brown grew up in and has lived in the Real Estate Broker Associate & Realtor (aka Real Estate Agent) with the fastest growing Real Estate Company, EXP Realty. After being a California Building ....