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Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

SCV Market Update....
Average Sale Price at this time, 2007: $551,100 
Current average sale price: $458,081 
 
Bottom line: The average sales price is down approximately 17 percent from last year. 
 
Average Days on Market of Sold Homes at this time, 2007: 108 
 
Current average days on market: 78 
 
Bottom line: Homes that have sold this year have been on the market 30 days less, or are selling 28 percent faster, this year. 
 
Total Closed Sales at this time, 2007: 1,966 
 
Year to date, 2008: 1,543 
 
Bottom line: There have been 423 fewer sales this year, or 22 percent fewer sales. 

... more

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