This week the median price in 92211 was $334,000. The inventory is up and Market Action is trending down recently. While days on the market appears trending lower, the overall conditions are weakening a bit.
In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend in general .
Local conditions are currently quite strongly in the Buyer's Market .
As an aside, a friend started the process of refinancing and their lender told them they were lucky because SCPD is in a stable market.
Tuesday, January 13, 2009
Monday, January 5, 2009
Sun City Stats for December
There are 187 active listings from $215,000 for a Villa to $1,025,000 for a Marseille on a double golf course lot.
There were 2 pending sales last month--one an Opal @ $249,000--1548 sq. ft. and $369,900 for a Cayman at 1632 sq. ft.
There were 9 closed escrows ( probably sold before the financial debacle) from $205,000 for a Hummel (not a short sale or an REO) 1128 sq. ft--sold ro $205,000 to $440,000 for an expanded Monaco-2323 sq. ft.
There were 2 pending sales last month--one an Opal @ $249,000--1548 sq. ft. and $369,900 for a Cayman at 1632 sq. ft.
There were 9 closed escrows ( probably sold before the financial debacle) from $205,000 for a Hummel (not a short sale or an REO) 1128 sq. ft--sold ro $205,000 to $440,000 for an expanded Monaco-2323 sq. ft.
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