Newbury Park, Ca 91320 Real Estate Trends for the week of 3/23/15
By Carmela Jacobs, Ventura Co., Los Angeles Co., CA, & Global Realtor
(Carmela Realty)
THIS WEEK: March 23, 2015 the median list price for a single family home in NEWBURY PARK, CA 91320 is $849,000.00 The Market Action Index has been trending down lately, while inventory is climbing. These trends imply a weakening market. SUPPLY AND DEMAND: Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is still a Seller's market so watch for upward pricing pressure in the near future if the trend continues. Click here to download FULL report I hope you find it useful. These market reports are updated weekly so you can be "ahead of the curve" as to the direction the housing market is headed. If you are interested in more markets, don't hesitate to ask.
Comments
2