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
www.brianward.com
