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HIGHS AND LOWS - San Dimas, CA - November 15, 2011
 
HIGHS AND LOWS - San Dimas, CA - November 15, 2011
Okay, so here is today's report for the San Dimas, CA real estate market.
SINGLE FAMILY RESIDENCE
Lowest Priced Home   $     185,000
Highest Priced Home   $  2,250,000
Average   $     399,900
Active Listings   116
Sold This Week  2
New Listings This Week  5
 
WHAT THIS MEANS TO YOU:  You now have more information about what's happening with the SAN DIMAS REAL ESTATE MARKET so you can make an informed decision on whether this city is right for you and if the prices fit into your budget.  The last blog had the average price in SAN DIMAS at $425,000 and this week that average has dropped to $399,900.
The other thing you can learn from this information is the saturation rate of the existing active real estate listings.  The saturation rate is determined by the amount of sales in a week and the number of listings available for sale.  So in this case, there are 116 homes being actively marketed by Realtors for sale.  If you divide those 116 by the number of homes sold this week, in this case two, you have your saturation rate.  This means that ... more

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