So Cal Re Market Report/ Buyer, Seller & Investor Tips
September 15, 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.
Featured Cities
|
|
SFR |
Condo |
|
|
MAI $/sqft Median Avg. DOM |
MAI $/sqft Median Avg. DOM |
|
Anaheim Hills 92807 |
84 $463 $848,950 26 |
69 $488 $459,900 22 |
|
Anaheim Hills 92808 |
78 $491 $1,367,500 11 |
85 $523 $654,900 5 |
|
Menifee |
83 $247 $579,000 30 |
No data available due to low inventory |
MAI: Market Action Index. MAI of 30 represents a balanced market between buyers and sellers. Over 30 indicates a seller market and below 30 is a buyer market.
Avg. DOM: Average days on the market
Source altos.re
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
In So Cal, there was overall a upward trend in current inventory with average 0.39% of overall increase with the exception of San Diego & Riverside counties that showed respectively 1.51% & 2.86% decrease.
New listings in the region showed mixed trend with an average of 1.57% decrease. Los Angeles, Orange & Ventura counties showed increase of 10.30%, 1.49% & 5.26% respectively. However, Riverside, San Bernardino & San Diego counties showed 12.35%, 4.10% & 13.00% decrease respectively. Older listings went slightly down by 1.74%.
New listings were 22.82% of total active inventory and older listings slightly went up to 11.32% of the active listings.
Coming soon inventory changed the trend from last week and went down by 12.28%.
Closed listings changed the trend from last week and went down by an average of 29.44% in So Cal. 
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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So Cal Re Market Report/ Buyer, Seller & Investor Tips
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.