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 0.80%. The exception was San Bernardino County with increase of 2.21%.
New listings in the region showed downward trend with an average decrease of 15.53%. There were no exceptions in the region.
New listings were 17.30% of total active inventory and older listings were at 19.31% of the active listings.
Coming soon inventory continued the trend from last week and went up by 5.70%.
Closed listings changed the trend from last week and went down by an average of 0.52% in So Cal.
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