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Cypress Real Estate Market Trends, October 22, 2007

By
Real Estate Broker/Owner with ThinkFree Realty

Cypress Market Trend Reports - ThinkFree RealtyHome Inventory Cypress, CA - Here is the most Up To Date Market Trends for Cypress. Each week we take a snapshot of the market. This Altos Research Real-time Market Profile(TM) is the most up-to date market information available. The Profile shows you not only pricing and market numbers, but also trends in those numbers.


 

THIS WEEK
The median single family home price in CYPRESS this week is $650000.

Cypress Real-Time Market Profile

Even though the days-on-market is trending higher, so is the Market Action Index at these inventory levels, providing a neutral outlook for the market.

PRICE
The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Cypress Median Price

SUPPLY AND DEMAND
Local conditions are currently quite strongly in the Buyer's Market zone (below 30). The 90-day Market Action Index stands at 16. With several months of inventory available at the current sales rate, buyers should find ample choice.

Cypress Market Action Index

QUARTILES
Investigate the market in quartiles-where each quartile is 25% of the homes

Cypress Characteristics per Quartile

Quartile 1 is Most expensive 25% of homes

Quartile 2 is Upper-middle 25% of homes

Quartile 3 is Lower-middle 25% of homes

Quartile 4 is Least expensive 25% of homes

Bob Coan -ThinkFree Realty


Here are some FREE Real Estate Tools for Cypress Home Buyers and Sellers

1) Request a Free 12 Page Market Trends Report for Cypress

2) Homes for sale in Cypress

3) Find Out How Much Your Home is Worth

4) Search for Neighborhoods similar to Cypress

5) Request a Home Tour in Cypress

6) Search Local MLS, market data, featured listings in Cypress

7) Relocation resources

8) First time buyer resources

 

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