Monday, June 2, 2014

El Cajon, CA 92020 Market Conditions as of 06/02/2014

El Cajon, CA 92020 Market Conditions as of 06/02/2014
* Median Sale Price from 12/01/12 to 06/02/13 = $388k.
* Median Sale Price from 06/02/13 to 12/01/13 = $385k.
* Median Sale Price from 12/01/13 to 06/02/14 = $404k.
* Median Sale Price from 03/03/14 to 06/02/14 = $404k.

Based on sales over the past 3 months there are currently 3.5 months of housing inventory, the typical market exposure time is 22 days, and I anticipate 0 to 90 days of marketing time for properties listed for sale over the next 90 days that are listed at or near market value.

Brian A. Ward
El Cajon, CA Appraiser
www.brianward.com
(888) 844-1733
Real Estate Appraisal Services For:
* Estates
* Trusts
* Expert Witness Testimony
* Before Buying and/or Obtaining a Mortgage (critical)
* Before Selling
* Intra-Family Home Purchases and Sales
* Bonds, Such as Bail Bonds
* More!