Wednesday, March 2, 2011

Chula Vista, CA Housing Statistics

The median $/Sqft has changed less than 1 percent over the past year indicating a stable property values trend.  There are currently 4 months of housing inventory indicating a balanced demand/supply trend.  Over the past 3 months properties sold after a median of 54 marketing days indicating a marketing time trend of under 3 months.  Bank sales and short sales are prevalent with 58% of all sales were bank sales or short sales over the past 3 months which is equal to the same period last year.

Brian Ward
Chula Vista Home Appraiser
(619) 630-9273