nov 2010: Murrieta - California: Real Estate Market Conditions: November 2010 - 11/23/10 05:48 AM
Appraiser Adjustment Matrix
Area              Murrieta, CA                                  Date 11/23/2010
Chart above show the decline in the number of homes sold in a 1-month period in 2009 (236) vs. 2010 (147) that is a decline of almost 38%.  Most sales last year were REOs - this year most sales are standard sales.  Most of the current listings are short sales, with the short sales taking the longest to sale.  Additional research between listings and 1-month of pending sales were now have about 4.5 months of standing inventory; there was about 2.5 months of inventory at the end of April 2010.  So we have … (0 comments)

 

Beverly Bayer

Moreno Valley, CA

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