California Westside Housing Market Overview March 2019

By
Real Estate Agent with Barcode Properties BRE # 01828994

CA housing march 2019

According to the C.A.R. March housing report (read it here!):

  • Existing, single-family home sales totaled 397,210 in March on a seasonally adjusted annualized rate, down 0.2% from February and down 6.3% from March 2018.  
  • March’s statewide median home price was $565,880, up 5.9% from February and up 0.2% from March 2018.
  • The Unsold Inventory Index was 3.6 months in March, down from 4.6 months in February but up from 2.9 months in March 2018.  
  • Year-to-date sales were down 8.2% in March.
  • The Los Angeles Metro region posted a non-seasonally adjusted year-over-year sales drop of 12%, with home sales falling in every county. Ventura had the biggest decline in sales, while San Diego dropped the least.
  • Active listings continued to climb from the prior year, increasing 13.4 percent from last March, but the inventory is still relativily low.
  • The median number of days it took to sell a California single-family home fell from 33 days in February to 25 days in March. It took a median number of 16 days to sell a home in March 2018.
  • C.A.R.’s statewide sales-price-to-list-price ratio* was 98.5% in March 2019 compared to 100% in March 2018. 
C.A.R. Senior Vice President and Chief Economist Leslie Appleton-Young:   The median price has been softening since it reached a peak last summer, and March’s year-over-year price increase was the smallest in seven years. The flattening home prices, coupled with low mortgage rates, bode well for housing affordability and may bring more buyers who may have given up back to the market.”

 

Header MLS

Q1-2019 Market Climate Map Single Family Homes

MLS march 2019

themls march 2019 update

Market update CA Westside 2019

*If you’re thinking that selling your place might be one of your goals in 2019, let’s start planning now, so that you’re well prepared. To prepare your home for sale the best, you might need help of  a graphic designer, a handyman, contractors, a stagger, a cinematographer or photographer, get to know my transaction coordinator and social media assistant, etc. Together we create a marketing plan for the home, telling its story( using a property history and value, neighborhood appeal, what you love about it, etc.)

Call, text or email me for a specific property report, I'll provide the most accurate information to you fast and free!   

For more detailed information about the West Los Angles Real Estate market, or your free no obligation consultation on selling or buying a house, contact me at (310) 867-0698 or inna@barcodeproperties.com.   

☎️ I appreciate the opportunity to assist you! 

Many thanks for checking my blog, your likes, comments, and your business!

Posted by

This Active Rain post is created by Inna Ivchenko.

Thank you so much for checking my blog,  likes and comments! 

 Inna Ivchenko Realtor                                              

Inna Ivchenko
RealtorⓇ, Cal DRE # 01828994, GRI, GREEN, PSC, HAFA 
Barcode Properties at Calabasas & Beverly Hills
Looking for houses? Download my app! 
http://app.barcodeproperties.com/BCODEINNA/
OR by text  📲  Bcodeinna to 87778! 

It is free to search a property for sale, lease, and open houses. It is easy to set a customized search criteria and contact me in this application! 

Reasons to HIRE ME: 

  1. Your local friendly Realtor® since 2007 providing great loyal service and truthful guidance!
  2. Ready to assist you with a Purchase, Sale & ReSale, Trust Sale, Luxury Rentals.
  3. Devoted to help first time buyers, sellers, and investors.
  4. Experienced in distressed sales, foreclosures, auctions, probates.
  5. Standing up as GRI NAR designated (Graduate of Realtors Institute)
  6. Passionate GREEN Realtor, NAR designated
  7. PSC (Pre-foreclosure Specialist Certification) 
  8. Cerified HAFA Specialist 
  9. Short Sale Negotiator (100% successful track record and free service for homeowners).

For all your real estate needs please call 310-867-0698 or

email  Inna@barcodeproperties.com. 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Tags:
westside housing update march 2019
how much my house cost in westside ca
how much does it cost to buy a home in westside ca
relocation to westside ca 2019
do housing prices go down in 2019
it is time to buy a home in 2019 in westside ca

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
1,138,333
Sheri Sperry - MCNE®
Coldwell Banker Residential Brokerage - Sedona, AZ
(928) 274-7355 ~ YOUR Solutions REALTOR®

Hi Inna Ivchenko - I am very familiar with that area of  SoCal and I really enjoyed seeing the comparison. I showed this to my husband, who was the only UPS driver in Cheviot Hills and he told me that a lot of people put Beverly Hills as their address. It was an expensive area back in the 1970s! Nice job!

Apr 20, 2019 06:35 AM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
1,471,700

Inna Ivchenko

Realtor® • Green • GRI • HAFA • PSC Calabasas CA
Ask me a question
*
*
*
*
Spam prevention

Additional Information