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SCV Market Update....

Number of Closed Sales in SCV

Aug. 2007—Sept. 2007: 304


Number of Closed Sales in SCV

Aug. 2008—Sept. 2008: 343

Bottom Line: The number of sales is increasing when compared to last year, or even the last eight months of 2008.


Average List Price

Aug. 2007—Sept. 2007: $564,560 -or- $311.85 per square foot


Average List Price

Aug. 2008—Sept. 2008: $429,849 -or- $233.65 per square foot


Bottom Line: The average list price has fallen $134,711, or 24 percent.

Posted Wednesday Sep 17

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