SCV Real Estate Update
Current average sale price: $381,598
The average sales price is down approximately 21 percent from the same time last year.
Current average days on market: 63
Homes that have sold, on average, have been on the market 21 days less, or are selling 25 percent faster than this time last year.
Note: Currently in the SCV, we are seeing the average sales price continue to decline in eight price ranges but are seeing signs of recovery in five price ranges. There are 207 more sales and homes are still selling faster than they did at this time last year.
Joshua Suess is with the Suess Home Selling Team at Re/Max 702-4640 www.SuessSellsHomes.com.
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