Posted by Matthew Fletcher on Saturday, November 8th, 2025 9:56am.
Market value for a standard three bedroom, one bathroom "Freedom Home" with few to no upgrades jumped above $1,200,000 during 2025. I was honored to sell 2024 Continental for its 99 year old original owner! Preferring an off-market transaction, but not leaving money on the table, the seller's family asked if I could present them with a fair market value offer without the hassle of full preparation and open houses. I had a list of 5 buyers to call, and the first group pounced on the opportunity. Selling at $1.25m, with a small reduction to $1,225,000 due to discovered issues during inspections, this closed sale let me know where the entry level currently was in the neighborhood. With interest rates hovering around 6% and inventory low for most of the year, but finally starting to increase, I predict this base price will continue to hold strong in 2026. We had several highly remodeled homes sell in the $1.6 - $1.8m range, as well as 2 sales topping $2m. Those homes were expanded, remodeled, and importantly, backed directly to Canyon Park. Back in the 2010s, my then business partner Mary Fewel and I would see a bump of $50k - $75k for a home that backs to Canyon Park. These days, the "canyon bump" could be $500,000 or more. We haven't had a bone stock Freedom Home ON the canyon for awhile, but I feel strongly that it would fetch $1.7m today. The potential to create a new home with views and a "nature neighbor" are worth that price to many! Call me if you are thinking of selling your Freedom Home, or if you'd like to be on my buyer list. Like with 2024 Continental Ave., sometimes sellers prefer to sell off-market, and I go straight to my buyer list when these opportunities arise.
My prediction for 2026 is a continued steady increase in buyer demand. This demand, coupled with interest rates that are heading downward finally, and low inventory, will prop up sales through 2026, barring any global economic meltdown. Buyers waiting for a drop in prices will likely have to keep waiting. Sellers looking to cash out during a peak might be looking at that another new high this year. If you would like a market valuation of your home, or are considering any other Real Estate moves, call or email me anytime.
Matthew Fletcher
949 677 3618