Market Report for French Valley Winchester California September 2011

By
Managing Real Estate Broker with David Northup - Aim RE Group Inc, Temecula Realtors® (AIM)

This is a September 2011 market report for the French Valley area of Winchester California.

The past 5 months have been slower in volume than last year by almost 10%.  Previous months sales were 84 compared with 92 during the same time period in 2010. There seems to be some significant amount of inventory not being released by banks with REO properties.

 

As for Average Price and Days on Market: The average price in French Valley has remained pretty flat over the last 24 months with the actual figure for last month coming in at $241,000. The Days on Market continues to dance around quite a bit. I believe it’s just a matter of how many short sales actually closed in a given month that causes it to swing up so dramatically.

Finally, here is a look at the different types of sales in French Valley over the last 30 days.

 

For more information on the different types of sales in our local market see our article:
What you should know about REO vs Standard vs Short Sale

For more about French Valley Click Here for French Valley Articles on our site

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Get involved with the community on Facebook. Click a link, search on Facebook or Scan the QR code.

 Article originally posted on the AimREG.com blog

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David NorthupDavid Northup - Broker, Realtor®,Owner
Aim Real Estate Group Inc.,
Temecula Real Estate

"Providing Direction For Buyers and Sellers"
& Delivering "Raving Fan" Customer Service in the process 

**Buyers - Contact David for a list of available homes!
**Sellers - Let me provide you with a comparable market analysis that will give you an idea of your home's current value. Even if your home's value is less than the amount you owe, we can still typically make arrangements to sell your home at little or no cost to you.
Call me at (951) 326-0196 or choose one of these other ways to connect with me . . .
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*** All information/opinion offered is deemed reliable but not guaranteed. CA DRE License # 01802944 ***

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Rainer
345,882
Charlie Dresen
Steamboat Sotheby's International Realty - Steamboat Springs, CO
Steamboat Springs, CO e-Pro

Nice detailed information. I like those graphs - I think they are so much easier to read then the stats.

Sep 08, 2011 01:34 PM #1
Rainer
27,015
Michael Nugent
Prudential Califoirnia Realty - Corona, CA
Sells Corona, Eastvale & Riverside

David,

These are some really cool graphs. How were you able to upload them onto your blog? Would you mind sharing? Thank you in advance.

Sep 08, 2011 01:58 PM #2
Rainer
50,380
David Northup
David Northup - Aim RE Group Inc, Temecula Realtors® (AIM) - Murrieta, CA

Thank you Charlie and Michael. Our MLS access includes stats w/ graphs. Just figured it out. If you look at some of my old market reports (like HERE) I spent way too much time on them and eventually stopped doing them due to lack of time. After finding out that I can get them right from my MLS access, I couldn't resist getting them going again.

Michael, your images can be uploaded from your computer or hosted on another web server. Either way. Here is a post on activerain on how to do it. http://activerain.com/blogsview/2333894/activerain-video-tutorial-how-to-add-an-image-to-your-activerain-blog 

 

Sep 08, 2011 04:00 PM #3
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Rainer
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David Northup

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