Newbury Park Real Estate Market Update - week of September 16, 2013
By Carmela Jacobs, Ventura Co., Los Angeles Co., CA, & Global Realtor
(Carmela Realty)
This week the median list price for a single family home in NEWBURY PARK, CA is $669,000.00 Inventory and days-on-market are climbing, while the Market Action index has been flat recently. The trends point to a weakening market. Supply and demand: The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We're already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer's zone. Watch for a persistent up-turn in the Market Action to signal prices rising again. Carmela's mission is not only to SELL your home--QUICKLY--but to do what's best for your bottom line; that means selling your home for MORE. Location is important but to get top dollar for your home pricing it rig...
Comments
0