The single family median home price in the South Shore has seen fairly aggressive appreciation in 2017, especially towards the later half of the year with appreciation rates ranging from about 10%-15%.  This time last year our median single family home price was $369,000.  The median single family home price is now $420,000.  Overall inventory is slightly Continue Reading

The stats tell the story.  The single family median home price in the South Shore has been flat for 5 months with expected conservative appreciation rates as we head into the winter 2015/spring 2016.  Overall inventory is slightly up from this time last year.   We're off to a great snow season, which bodes for an interesting 2015 4th quarter and 2016 1st quarter Continue Reading

September home sales and price report For release: October 22, 2014 http://www.car.org/newsstand/newsreleases/2014releases/sep2014sales# California home sales maintain pace in September as price gains temper and market balances LOS ANGELES (Oct. 22) – California home sales remained steady in September, as home price gains eased back from an unusually high increase in August, the CALIFORNIA Continue Reading

The number of Single Family Homes for sale has been steadily, and consistently, declining since 2008.  With inventory being low, there are less homes for buyers to choose from, which may help us to shift into a new market cycle.  A low supply, and high demand for homes priced under $200,000, has contributed to some appreciation (yes, appreciation, not depreciation!) in this particular price Continue Reading