So Cal Re Market Report/ Buyer, Seller & Investor Tips

So Cal Re Market Report/ Buyer, Seller & Investor Tips

Saeed Ghaffari

Saeed is the founder of Money, Real Estate & More. With over 30 years of experience as a lender, investor and a real estate professional, he provides free consulting in these fields. To connect with Saeed, sign up for free / log in on moreandmorenetwork.com

 

Saeed Ghaffari

So Cal Market Beat

Buyer, Seller & Investor Tips

Featured Cities

 

SFR

Condo

 

MAI     $/sqft       Median                 Avg. DOM

MAI     $/sqft       Median                 Avg. DOM

92807

90       $537     $1,323,500             21

69      $561       $599,999           17

92808

78       $592      $1,235,000             37

73      $560       $659,999         17

Menifee

81       $277      $629,450                29

Inventory currently too low for a market report in Menifee, CA 

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 upward trend in inventory with average increase of 7.08%. There were no exceptions in the region.

New listings in the region showed upward trend with an average increase of 2.25%. The exceptions were Orange & Ventura Counties with respective decrease of 3.59% & 10.30%.

New listings were 22.29% of total active inventory and older listings were at 7.50% of the active listings.

Coming soon inventory continued the trend from last week and slightly went up by 1.88%.

Closed listings changed the trend from last week and went down by an average of 0.64% 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].

M&M NEWS

Related Articles

Facebook Messenger Ads Get Open Rates 242% Higher Than Email

What Is Facebook Messenger Marketing?

Facebook Messenger is essentially an instant-message function within Facebook. It’s a powerful, popular tool because you can reach potential leads directly with content that is personalized, responsive, and non-intrusive. Even better, you can be sure your content is reaching a very specific and qualified audience.

Facebook Messenger is also the number one messaging app in the nation. 260 million messages zoom back and forth every day, and 20 million individual messages are exchanged between businesses and customers every month. Again, these aren’t Facebook numbers, this is just Facebook Messenger.

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.

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.