Market update for Kenmore, Inglewood and Arrowhead
From May 15th- June 15, 2012 the Kenmore, Inglewood, Arrowhead area had 12 new listings. The new listings are priced from $467,500 to 849,900.
Supply and Demand
Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing. Over 30 are considered a sellers zone.
Current active Listings