So Cal Re Market Report/ Buyer, Seller & Investor Tips
So Cal Re Market Report/ Buyer, Seller & Investor Tips
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So Cal Market Beat
Buyer, Seller & Investor Tips
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:Â Average days on the market.
Source Altos.re
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5 Week Trends
In So Cal, there was overall downward trend in inventory with average decrease of 2.10%. There were no exceptions in the region.
New listings in the region showed downward trend with an average decrease of 4.25%. The exceptions were Orange & San Diego Counties with respective increase of 6.23% & 2.49%.
New listings were 15.25% of total active inventory and older listings were at 25.26% of the active listings.
Coming soon inventory changed the trend from last week and went up by 7.52%.
Closed listings continued the trend from last week and went up by an average of 5.22% in So Cal.
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So Cal Re Market Report/ Buyer, Seller & Investor Tips
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