PV HOUSING MARKET UPDATE (January 29, 2012)
The last week was not very good one. The market inventory inched up which was expected. It was a bit disappointing tha sales slowed a little from a high growth pitch. The new listings continued coming on the market at a high pace (18 of them). As result, the price was also weakened. We hope this week and next will show a good sign of recovery.
Please see our trend analysis graphs Trend Analysis.
Please click here to see by Area E/A ratio.
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Rockyfield Newsletter
(As of 10:30, January 29, 2012)
| PRICE RANGE |
ACTIVE |
IN ESCROW |
E/A RATIO |
| $700,000 | -- |
$799,900 |
16 |
22 |
138% |
| $8,000,000 | -- |
$899,900 |
18 |
12 |
67% |
| $900,000 |
-- |
$999,900 |
13 |
12 |
92% |
| $1,000,000 |
-- |
$1,249,900 |
31 |
13 |
42% |
| $1,250,000 |
-- |
$1,499,900 |
29 |
7 |
24% |
| $1,500,000 |
-- |
$1,999,900 |
26 |
13 |
50% |
| $2,000,000 |
-- |
$2,999,900 |
23 |
3 |
13% |
| $3,000,000 |
-- |
|
37 |
3 |
8% |
| TOTAL |
193 |
85 |
↑ 44% |
| MEDIAN PRICE (,000) |
$1428 |
$989 |
|
| (Source:
MLS) |
By area please click here Market E A Ratio Analysis By Area
The market trend graphs (supply-demand and price movements) are here Trend analysis
Townhomes and Condominiums
The townhomes bounced a bit. The condo market sold a few. (E/A Ratio:townhomes- 67%; condos- 40%) |
