mount washington: Real Estate Market Index Report Northeast Los Angeles CA November 2009
- 12/28/09 09:00 AM
Real Estate Market Report Northeast Los Angeles November, 2009 Atwater Village, Eagle Rock, Glassell Park, Highland Park, and Mount Washington The Market Activity Index was lower than all other areas tracked- the lowest being the West San Gabriel Valley. The Absorption Rate dropped for the fourth month in a row, but prices appear to be matching the previous low levels of April. As the Stimulus money runs out we expect interest rates to rise in the spring, so combined with the extended and expanded Federal Income Tax Credit for buyers, now is the time to buy. Market Index - (0 comments)
Market Index - 0.64 - up 8 points! A market index of above 1.20 is a seller's market, between 0.80 to 1.20 is a balanced market, and below 0.80 is a buyer's market.
The Market Index went up to 0.64, versus 0.56 last month. Last year is was 0.21. This is the seventh month in a row of increases.
New Listings - 57 properties hit the market, up from 49 last month, versus 60 last (0 comments)
Market Index - 0.56 - up 11 points! A market index of above 1.20 is a seller's market, between 0.80 to 1.20 is a balanced market, and below 0.80 is a buyer's market.
The Market Index went up to 0.56, versus 0.45 last month. Last year is was 0.17. This is the six month in a row of increases.
New Listings - 49 properties hit the market, about even with 50 last month, versus 52 (0 comments)
mount washington: Real Estate Market Index Report for Northeast Los Angeles, CA March 2009
- 04/08/09 10:39 AM
Northeast Los Angeles March, 2009 Atwater Village, Eagle Rock, Glassell Park, Highland Park, and Mount Washington Market Index A market index of above 1.20 is a seller's market, between 0.80 to 1.20 is a balanced market, and below 0.80 is a buyer's market.
The Market Index bounced back up to 0.34, up seven points, equaling the highest rate in the last twelve months. New Listings - 16 properties hit the market, down from 44 last month and 84 last year. Pending Listings - 39 listings opened escrow, up from 37 last month versus 19 in March of (0 comments)
mount washington: Real Estate Market Index Report for Northeast Los Angeles, CA December 2008
- 02/03/09 08:26 AM
Northeast Los Angeles Serving the communities of Atwater, Eagle Rock, Glassell Park, Highland Park, and Mount Washington Market Index A market index of above 1.20 is a seller's market, between 0.80 to 1.20 is a balanced market, and below 0.80 is a buyer's market.
The Market Index rose to 0.27, the highest point in the last twelve months. New Listings - 22 new listings compared to 36 last month and 48 last year. Pending Listings - 23 listings entered escrow, compared to 23 last month and 9 in 2007. Pending Ratio - Increased to 0.64 compared to 0.59 last month (1 comments)
Market Index A market index of above 1.20 is a seller’s market, between 0.80 to 1.20 is a balanced market, and below 0.80 is a buyer’s market.
The Market Index struggled back up two points to 0.32 compared to 0.30 for September.
New Listings - Eighty-eight new listings, down from 172 new listings in September, compared to 141 last October. We had many more new listings in September than last year so perhaps this evened things out.
New Pending Listings - Forty-two listings entered escrow, down from 47 in September, compared to 28 in October, 2007.