sell a home: Real Estate Market Report - Glendale, CA October, 2008
- 11/06/08 02:53 AM
Glendale, CA September , 2008 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. Our up and down market continues, 0.30 for September after 0.33 in August.
New Listings - One hundred seventy two new listings, compared to 134 last September. It is unusual for the new listings to increase, probably due to more forced sales. Pending Ratio -That big jump in new listings affected the Pending Ratio, only 47 homes opened escrow giving us a ratio of 0.27, about half … (0 comments)
sell a home: Real Estate Market Report, Oct. 2008 North Hollywood, Shadow Hills, Sun Valley, Valley Glen, Valley Village, Van Nuys
- 11/06/08 02:42 AM
East San Fernando Valley, CA October, 2008 North Hollywood, Sun Valley, Shadow Hills, Valley Village, Valley Glen, and Van Nuys. Market Index A market index of above 1.20 is a seller's market, between 0.80 to 120 is a balanced market, and below 0.80 is a buyer's market. The market index dropped one point to 0.30. N New Listings 208 new listings, down one from 207 in September. Pending Listings - Down six to 146 listings entering escrow Pending Ratio - Declined slightly from 0.73 to 0.70. More pending listings mean more closed escrows in the coming months Listing Inventory … (0 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. September marks the eighth month in a row that the Market Index has increased to 0.32. A year ago it was 0.26.
New Listings In September 244 new listings, compared to 156 in August, last year there were 230.
Pending Ratio New homes entering escrow are indicators of future sales. This month we had 0.46, compared with last year’s 0.18. … (0 comments)
September is the anniversary of the result of the mortgage meltdown, and Sunland-Tujunga has experienced a pretty steady upward track, although down a little this month at 0.27, dropping two points.
Pending Ratio
Dropped to 0.35, from August’s 0.41 and from July’s 0.45. In 2007 it was 0.12. Listing Inventory One-hundred-fifty-four homes on the market, compared to 184. In 2007 we had 223. Units Sold Only twenty homes sold, … (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 jumped six points to 0.31 as buyers take advantage of the lower prices.
New Listings 207 in September, slightly down from August but still a strong indicator of people to have to sell their homes.
Pending Ratio Remained steady at 0.73 with 152 listing going into escrow. More pending listings mean more … (1 comments)
After taking a dip in July, the market index rebounded up to 0.47, the highest in the last 12 months. A year ago it was 0.14, in fact we are doing more business than last year.
New Listings We had 66 new listings, compared to 74 in August and 125 last September.
Pending The pending ratio jumped up to 1.00, another strong rebound, with 66 listings going into esrow. Last … (0 comments)
Glendale, CA September , 2008
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