The new MB Market Update spreadsheets are up online for your viewing and use by clicking here, or at any time by using the pull-down menu on the front page under "MB Market Updates."
The first part of July continued a trend seen in June, with new listings outpacing sales (new escrows), this time by a wider margin.
In…
The new MB Market Update spreadsheets are up
online for your viewing and use by clicking here, or at any time by using the pull-down menu on the front page under "MB Market Updates."
The first part of July continued a trend seen in June, with new listings outpacing sales (new escrows), this time by a wider margin.
In our independent market tracking, MBC recorded
17 new listings and
6 sales (new escrows) among SFRs west of Sepulveda from July 1-15.
You see more sellers getting around to putting their homes on market, maybe having heard about all the action this Spring. Meanwhile, buyers are either taking a break or are literally on vacation.
Total inventory was up to
91 SFRs west of Sepulveda, up 8 from the end of June and up 12 from the end of May, and this was with 4 cancellations in early July.
The last time MB had SFR inventory west of Sepulveda in the low 90s was September 2009. (See "
MB Market Update for 1/31/10, Inventory," with a graphic going back to August 2009.)
Inventory by sub-region west of Hwy. 1 (for more see the
tracking page of the spreadsheets) broke out this way:
Inventory in the Sand Section has been building steadily as Summer has kicked into gear – and that excludes THs in MBC's count. (Yes, we'd like to add THs some day soon!) Sales have not come close to keeping pace by the beach, though.
More soon on activity in each part of town.
Please see our blog disclaimer.
Listings presented above are supplied via the MLS and are brokered by a variety of agents and firms, not Dave Fratello or Edge Real Estate Agency, unless so stated with the listing. Images and links to properties above lead to a full MLS display of information, including home details, lot size, all photos, and listing broker and agent information and contact information.
Based on information from California Regional Multiple Listing Service, Inc. as of July 21st, 2024 at 10:25am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.