Tue May 19 2020
This week the median list price for Spring Valley, CA 91977 is $544,950 with the market action index (MAI) hovering around 86. This is an increase over last month’s MAI of 82. A MAI under 30 is considered a “Buyer’s Market” and over 30 is a “Seller’s market”. Home inventory has held steady at or around 28 properties for sale.
Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
Click here to view the latest Jason Kardos’ “How’s the Market?” Report for Spring Valley, CA 91977 You can also sign up for weekly updates and search other Zip Codes and Cities.