Whittier, CA Market Report
By Bob Willis, Whittier, CA REALTOR®
Whittier, CA Real Estate
Here is a quick look at the real estate market in Whittier, CA.
Single Family Residences
The level of active homes for sale in Whittier rose to 960 at the end of the month of August. Eighty-eight houses were in escrow, and only 73 single family residences sold.
August's inventory of active Single Family Residences of 960 units shows an increase of 401 houses over the active inventory of 559 in August 2006.
There were 73 Whittier houses sold in August 2007, in contrast to 127 houses sold in August 2006.
The chart below summarizes activity for Single Family Residences during the past year in Whittier.
The average home in Whittier in August 2006 took 49 days to sell; whereas homes that sold in August 2007 took an average of 69 days to sell.
Over the course of the past year, it has become a strong Buyers' Market, where the buyer now has more leverage and much more room to negotiate a better deal than a year ago.
This information is directly from the SoCalMLS and the information is believed to be accurate, but is not guaranteed.
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Thinking of selling your Whittier Home? Go to The Home Sale Site.
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