South Bay Vision | Market Update | April 2015

According to California Association of Realtors March Home Sales Report issued April 15, 2015, the housing market improved throughout the state due to the upward trend of economic conditions.

• An increase of inventory in the Central Valley and Southern California, in particular, pushed the sales higher.
• C.A.R. reported that we had the strongest February to March increase we’ve seen since 2008.

With April coming to a close you will see that although inventory remains low, pending sales in the our beach cities of Manhattan, Hermosa, Redondo and El Segundo show between a 25% – 50% increase in pending sales.

Additional details on median price; properties for sale, sold (closed) pending; average price for sale as well as actual sold along with months of inventory available are just a click away below.

Please enjoy. Should your plans include real estate purchase and sales, please call or email with questions – and as always, thanks for your referrals!

Sources:

California Association of Realtors (C.A.R.) April 2015

Trendgraphix April 2015

CLICK HERE for full graphs and stats.