So Cal Re Market Report/ Buyer, Seller & Investor Tips
So Cal Re Market Report/ Buyer, Seller & Investor Tips
So Cal Market Beat
Buyer, Seller & Investor Tips
Featured Cities
|
|
SFR |
Condo |
|
|
MAI    $/sqft      Median                Avg. DOM |
MAI    $/sqft      Median                Avg. DOM |
|
92807 |
92Â Â Â Â Â Â $528Â Â Â Â $1,119,500Â Â Â Â Â Â Â Â Â Â Â Â 2 |
74Â Â Â Â Â $546 Â Â Â Â Â Â $750,000Â Â Â Â Â Â Â Â Â Â 4 |
|
92808 |
80Â Â Â Â Â Â $606Â Â Â Â Â $1,549,000Â Â Â Â Â Â Â Â Â Â Â Â Â 10 |
70Â Â Â Â Â $587Â Â Â Â Â Â $682,450Â Â Â Â Â Â Â Â Â 19 |
|
Menifee |
86Â Â Â Â Â Â $283Â Â Â Â Â $624,949Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â 33 |
Inventory currently too low for a market report in Menifee, CAÂ |
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
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 downward trend in inventory with average decrease of 0.28%. The exceptions were Orange & San Bernardino Counties with respective increase of 2.75% & 3.81%.
New listings in the region showed downward trend with an average decrease of 3.84%. The exception was San Bernardino County with increase of 0.16%.
New listings were 33.54% of total active inventory and older listings were at 13.06% of the active listings.
Coming soon inventory changed the trend from last week and went up by 7.65%.
Closed listings changed the trend from last week and went down by an average of 12.73% 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
The Real Estate Market is Cyclical, Don’t Panic, Adjust!
The Real Estate Market is Cyclical, Don’t Panic, Adjust! The Real Estate market is cyclical. The data shows, and it’s clear that we are experiencing one of the toughest real estate markets in the past decade. As bad as it is, there are certain agents who do well,...
Why the housing market is going from tough to terrible
Why the housing market is going from tough to terrible Do you like this Article ? Sign up HERE for your FREE M&M Account to receive more Real Estate related information and news and THIS article. M&M Membership includes: FREE Coaching Events & Workshops,...
As mortgage rates hit 8%, home ‘affordability is incredibly difficult,’ economist says
As mortgage rates hit 8%, home ‘affordability is incredibly difficult,’ economist says Do you like this Article ? Sign up HERE for your FREE M&M Account to receive more Real Estate related information and news and THIS article. M&M Membership includes: FREE...