As March comes to an end, it's time to do a quick recap of the active inventory on the market in Las Flores, as well as examining what has sold. Because the price point has a big impact on what is currently moving, I've broken it down by price point and distress sales.
Take note that while the bank inventory is currently at zero, it will come back. The moratorium on Notice of Defaults ended (which is the first step in the foreclosure process) and sadly, the NOD filings are back to previous levels. Stay tuned for more on that.
Please note: The closed sales are in the last 30 days.
If you ever have any questions about the numbers presented here or questions about the value of your own home in today's market, don't hesitate to ask. There's never any pressure or obligation. That's just not how we roll here. :)
Information based on SocalMLS and deemed reliable but not guaranteed.
Originally posted on My Las Flores.