Although there were pricing fluctuations over the past year, when comparing the most recent 6 month period with the same period last year the median $/Sqft changed approximately -2% and the median $/Sqft changed approximately 5% overall. There are currently 5 months of home inventory and half of all properties sell in 26 days or less. I anticipate that fewer than 90 days of marketing time will be required to sell common properties over the next 3 months.
Brian A. Ward
State of California Certified Residential Real Estate Appraiser
Del Mar, CA Real Estate Appraiser
Real Estate Appraisal Services For:
* Estates
* Trusts
* Expert Witness Testimony
* Before Buying and/or Obtaining a Mortgage (critical)
* Before Selling
* Immigration
* Property Tax Appeals
* Intra-Family Home Purchases and Sales
* Bonds, Such as Bail Bonds
* More!
