November 2009
2 posts
SoCal median home prices increased 2% last month...
According to the following article in the SD Union Tribune, dated November 17, 2009, “median home prices in Southern CA rose nearly 2 percent last month from September, as the inventory of homes for sale continued to shrink and lenders worked to avoid fresh foreclosures”. Read more here: http://www.signonsandiego.com/news/2009/nov/17/firm-socal-median-home-price-increases-in-october/
Carmel Valley's Housing Market Data Tells Two Very...
That’s right. I did some analysis this week to look at home prices, inventory, etc. for detached homes in 92130. I was surprised at the results.
For detached homes up to $1M, median prices are flat compared to October 2008, and there is only 1.9 months of inventory - one sign of a seller’s market.
For 92130 homes between $2M - $7M, however, median prices are down 15% from October...