El Cajon, CA 92021 Housing Trends & Charts as of 01/22/2014

El Cajon, CA 92021 Housing Trends & Charts as of 01/22/2014

Please see the charts in the Market Conditions addendum for a visualization of various trends.* Median sales price change over past year: 14% (increasing property values trend indication)* Median sales price change over the past 6 months: 6% (increasing property values trend indication)* Median $/Sqft change over past year: 14% (increasing property values trend indication)* Median $/Sqft change over the past 6 months: 16% (increasing property values trend indication)* Months of inventory: 2.4 months ('In balance' Demand/supply indication)* Typical market exposure time (median over past 3 months): 36.5 Days* My estimate of likely marketing time for next 3 months: 0-90 days

(Please note that the housing price trends above only consider standard/traditional sales. Bank sales, short sales, estate sales, etc. are not considered.)

Click on the Charts Below for Larger Versions

Brian A. Ward

El Cajon, CA 92021 Real Estate Appraiser

www.brianward.com

(619) 630-9273

Real Estate Appraisal Services For:

·         Bankruptcy

·         Divorce / Marriage Dissolution

·         Estates

·         Trusts

·         Date of Death / Retrospective Appraisals

·         Expert Witness Testimony

·         Before Buying and/or Obtaining a Mortgage (critical)

·         Before Selling

·         Property Tax Appeals

·         Intra-Family Home Purchases and Sales

·         More!