So Cal Re Market Report/ Buyer, Seller & Investor Tips
So Cal Market Beat
Buyer, Seller & Investor Tips
|MAI $/sqft Median Avg. DOM||MAI $/sqft Median Avg. DOM|
|92807||74 $530 $1,170,000 22||65 $524 $817,450 39|
|92808||61 $606 $1,224,999 52||63 $579 $672,500 24|
|Menifee||63 $281 $629,900 31||
18 $324 $529,000 7
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
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 3.49%. There were no exceptions in the region.
New listings in the region showed upward trend with an average increase of 3.73 %. There were no exceptions in the region.
New listings were 17.76% of total active inventory and older listings were at 7.72% of the active listings.
Coming soon inventory continued the trend from last week and went down by 7.16%.
Closed listings changed the trend from last week and went up by an average of 26.74% 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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