If you are looking for some fun things to do this September in the Valley...look no further.
Supply between $200K-$250K has Risen 8.1% since May Seller Price Reductions Up 7% in Popular Price R
For Buyers: If your budget lies somewhere between $200,000 and $400,000 for a home, there’s good news for you. Supply between $200,000 and $250,000 has been rising gradually over the past 12 weeks. After dropping 15% from 2,300 listings in January to 1,944 in May, it has since risen 8.1% to 2,101 listings in August, placing it only 6.7% below last year’s count instead of 18% below like it was 3-4 months ago. Listings between $250,000 and $400,000 have also risen sharply 5.3% from 4,791 to 5,044 over the past 4 weeks, placing them only 0.2% below last year’s count of 5,053 listings. The increase in competition has resulted in a notable 7.3% increase in weekly seller price reductions from an
Starting with the basic ARMLS numbers for August 1, 2018 and comparing them with August 1, 2017 for all areas & types: Active Listings (excluding UCB): 15,686 versus 17,412 last year - down 9.9% - and down 2.6% from 16,101 last month Active Listings (including UCB): 19,415 versus 21,484 last year - down 9.6% - and down 5.1% compared with 20,464 last month Pending Listings: 5,655 versus 6,085 last year - down 7.1% - and down 7.2% from 6,092 last month Under Contract Listings (including Pending, CCBS & UCB): 9,384 versus 10,157 last year - down 7.6% - and down 10.2% from 10,455 last month Monthly Sales: 8,533 versus 8,024 last year - up 6.3% - but down 7.5% from 9,229 last month Monthly Averag
