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Vallejo Condominium Sales

Huge decline in 1-bedroom condo sales in Vallejo

April 26, 2011 By Ryan Lundquist 2 Comments

Last week was “Condo Week” on the Sacramento Appraisal Blog. I really enjoyed writing about condos every day and talking through the content with so many people here and on Twitter & Facebook. Though I’ll not be doing a second week of condo posts, here is a glimpse of all one-bedroom condo sales in the City of Vallejo. A graph like this really helps to show just how much the condo market has been impacted in recent years. What do you think?

I know how painful it is to see graphs like these since I purchased my current home in 2004. Apart from the loss of value, there is at least one redemptive take-away for us to consider when looking at graphs as such. If you bought your home in recent years you should be paying far less in property taxes these days in comparison to what you were paying five years ago. My advice for home owners is to pay close attention to your property taxes to ensure the Assessor’s Office has taken into account the drastic decline in property value. Keep in mind that every $10,000 of overassessment equals about $100-125 in property taxes out of your pocket.

I have helped many home owners appeal their property taxes over the past several years and I actually personally disputed my own property taxes three years in a row too. If you have any questions, let me know or visit my property tax appeal website.  

If you have any real estate appraisal, consulting, or property tax appeal needs in the Greater Sacramento Region, contact me at 916.595.3735, by email, on our appraiser website or via Facebook. 

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Filed Under: Market Trends Tagged With: Appeal property taxes, Appraisal Service in Vallejo CA, appraiser in Sacramento, Property Taxes, Reduce Property Taxes, Sacramento Appraisal Blog, Solano County, Trend Graph of condo Sales in Vallejo, Vallejo Condominium Sales, Vallejo Real Estate, Vallejo Real Estate Appraisal, Vallejo Real Estate Appraiser

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First off, thank you for being here. Now let's get into the fine print. The material and information contained on this website is the copyrighted property of Ryan Lundquist and Lundquist Appraisal Company. Content on this website may not be reproduced or republished without prior written permission from Ryan Lundquist.

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