Wednesday, February 24, 2016

Weekly Update: new listings, contracts and sales

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Real Estate Update for 90031
The number of sellers reducing prices in the 90031 zip code market trended up to 10 over the last 30 days, extending a three-week streak. During the same period, 11 sales were completed. All indications show that the trend should continue, meaning more price reductions over the next few weeks. The median sales price dropped...
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Corey Chambers
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Real Estate Update for 90802
Over the last 30 days, an identifiable upward trend of new sellers coming into the 90802 zip code market continued, with 52 listings in this week's report. Meanwhile, sales have fallen, with 31 homes selling during the same period. Perhaps due to the new listing numbers, months of inventory is on a four-week upswing, this w...
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Corey Chambers
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Real Estate Update for 92703
Sales have fallen to nine homes sold over the last 30 days in the 92703 zip code market. Sellers can also expect more competition, due to a three-week upward trend in homes coming into the market, now up to 27 for the same period.
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Corey Chambers
Your Home Sold GUARANTEED or I'll Buy it*
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