So Cal RE Market Report / Buyer, Seller & Investor Tips” by: Saeed Ghaffari
April 13, 2021
By Saeed Ghaffari
So Cal Market Beat
MLS Data provided courtesy of Real Estate Legends, USA
Table below shows the impact of the market trends and factors on our economy, ECON 101.
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.
Active Inventory listings were up across the Southland by 4.53% with every county showing a gain in this category.
New listings are up by 13.88% and the older listings are down by 6.25%. While the new listing trend brings more choices for the buyers, the older listings trend does the opposite.
New listings remain 30% of total active inventory and older listings dropped to 14.4% of the active listings.
5.00% drop in the coming soon inventory should logically ad advantage to sellers.
Closed Listings are down by 12.59% in So Cal, not so welcomed by anyone.
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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