REAL ESTATE
Ask Ponytail
What Proposition 19 Means to You and Your Family
REASONS TO BUY AND SELL
On November 3, 2020, California voters approved Proposition 19, titled the Home
Protection for Seniors, Severely Disabled, Families and Victims of Wildfire or Natural
Disasters Act. Proposition 19 is a constitutional amendment that has several different
provisions affecting different parties, including wildfire victims and severely disabled
people, seniors looking to relocate within California, and children or grandchildren who will
eventually inherit property.
Current law allows a primary home to be transferred – by sale, gift, or inheritance -
between parents and children, and between grandparents and grandchildren, without
reassessment, and other types of properties, such as a vacation home, rental or
commercial property, to be transferred with the first $1 million exempt from reassessment.
EL CERRITO
BUY SELL
1. Lower Prices
When median prices are lower, it's
EL CERRITO
easier to get a better deal. For firsttime
SAN PABLO
HERCULES
EL SOBRANTE
SAN PABLO
HERCULES
THIS WINTER SEASON
MEDIAN SALES PRICE HOME SOLD SALES PRICE / LIST PRICE
MEDIAN SALES PRICE
opportunities.
Proposition 19 will allow homeowners who are over 55 years of age, disabled, or
victims of a wildfire or natural disaster to sell their primary residence and transfer
its assessed value to a replacement primary residence in any county in California up
to three times.
For more information, please visit: www.AskPonytail.com/prop-19
*Consult with an attorney/accountant to confirm how your circumstances apply to the new laws. Prop-19
comes with limitations and these statements are intentionally broad*
RICHMOND
Under Proposition 19, these tax breaks will be limited with fewer tax savings
RICHMOND
KENSINGTON
YOUR LOCAL MARKET UPDATE
Top 1% Agent in the East Bay
Single Family Home Sales Q3 2021 vs Q3 2020
HOME SOLD AVERAGE DAYS
Q3 2021 VS Q3 2020 Q3 2021 VS Q3 2020 Q3 2021 VS Q3 2020 Q3 2021 VS Q3 2020
MEDIAN SALES PRICE HOME SOLD SALES PRICE / LIST PRICE
MEDIAN SALES PRICE
29
REAL ESTATE
Ask Ponytail
Top 1% Agent in the East Bay
$946,000.00 27% 50 -6% 108% 5% 11 -59%
KENSINGTON
WANT WANT TO TO KNOW KNOW YOUR YOUR HOME'S VALUE?
VALUE?
WANT TO KNOW YOUR HOME'S VALUE?
ExpressHomeEstimate.com
ExpressHomeEstimate.ExpressHomeEstimate.com
com
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EL SOBRANTE
PINOLE
AVERAGE SALES PRICE SALES PRICE / LIST
PRICE
ON MARKET
$ 1,276,000.00 13% 67 0% 128% 14% 14 -22%
$791,000.00 25% 29 -34% 111% 8% 18 -64%
$652,000.00 24% 68 24% 108% 4% 17 -37%
$780,000.00 18% 41 -10% 108% 4% 15 -21%
$767,000.00 15% 225 15% 111% 7% 16 -38%
$1,621,000.00 19% 23 0% 126% 15% 14 -50%
Source: MLS (All information is deemed reliable but not verified or guaranteed.
FIND OUT YOUR HOME’S VALUE, GO TO
www.ExpressHomeEstimate.com
29
REAL ESTATE
Ask Ponytail
Top 1% Agent in the East Bay
DRE#01449007 国， 粤，英 语
29
REAL ESTATE
Ask Ponytail
Top 1% Agent in the East Bay
DRE#01449007 国， 粤，英 语
home buyers, the house
hunting process is less intimidating.
2. Less Competition
Fewer buyers means you're less
likely to run into a situation in
which you're wrangling against
others to offer the best deal - and
also more likely to have your first
offer accepted.
1. Motivated Buyers
Buyers around this time of year are
typically more motivated and not just
window-shopping.
2. A Quicker Closing Timeline
Companies are typically less busy this
time of year which means paperwork
and steps that make up the financing
process can be completed more
expediently.
/www.ExpressHomeEstimate.com
