So Cal RE Market Report / Buyer, Seller & Investor Tips
June 8, 2021
By Saeed Ghaffari
So Cal Market Beat
Buyer, Seller & Investor Tips
ECON 101 (Supply & Demand)
Table below shows the impact of the market trends and factors on our economy.
Buyers, Sellers & Investors: Seek the advice of an experienced local realtor for data specific to your market. Work with realtors with skills and character you can trust, find them on our Real Estate Expert Panel on our home page.
5 Week Trends
All counties in So Cal showed an increase in the Active Listing inventory, with no exception. There region average was an increase of 3.65%.
New listings also showed a good amount of increase in all counties except for San Bernardino County with a drop of 1.63%. The average for the region showed an increase of 7.72%. However, Older listings showed mixed activities with the average drop for the region being 1.77%.
New listings were 30.38% of total active inventory and Older listings slightly went up to 11.56% of the active listings.
Coming soon inventory changed the trend from last week and went down by 15.21%.
Closed listings changed direction from past couple of weeks and drastically went down by an average of 23.04% in So Cal, except for San Bernardino county going up by 15.94%.
For data specific to your local market, we have expert real estate professionals listed on M&M Expert Panel under the real estate column. Additional real estate services maybe found in M&M Business Directory. For free real estate and mortgage consulting, write to [email protected].
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