Spring Valley, CA 91977 Single Family Home Sales
Wed Sep 12 2018
This week the median list price for Spring Valley, CA 91977 is $513,950 with the market action index hovering around 51. This is less than last month’s market action index of 59. Inventory has held steady at or around 82. Click here to stay informed with the Spring Valley market!
Market Action Index
The Market Action Index answers the question “How’s the Market?” by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller’s Market conditions. Below 30, conditions favor the buyer.
Strong Seller’s Market
The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Spring Valley, CA 91977 Condominium Sales
Wed Sep 12 2018
This week the median list price for Spring Valley, CA 91977 is $299,000 with the market action index hovering around 55. This is an increase over last month’s market action index of 52. Inventory has held steady at or around 15. Click here to stay informed with the Spring Valley market!
Market Action Index
The Market Action Index answers the question “How’s the Market?” by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller’s Market conditions. Below 30, conditions favor the buyer.
Strong Seller’s Market
The market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
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