The year-end 2021 real estate residential property values reflect an aggregate average sales price of $876,216, 15% higher than 2020. The four attached charts reflect different stories. The first chart reflects the active inventory being historically low (it’s all about supply and ... » Learn More about Year End Update San Fernando Valley Real Estate Prices 1959 to 2021
California Real Estate market
California Real Estate Market at a Glance November 2021
After the California real estate market cooling off for a couple of months, the market stays heated with only 1.6 months of inventory. The 30-year mortgage rates are a little higher, but still historically low. The number of home sales is lower, primarily as a result of the low inventory, but we ... » Learn More about California Real Estate Market at a Glance November 2021
San Fernando Valley Los Angeles Real Estate Market Update November 2021
The San Fernando Valley and Los Angeles real estate markets are staying solid. Appreciation may back off from their white hot levels of 18% or so but should maintain at least high single digits for the moderate term. Inventory levels started to elevate, but have stabilized. Sales are holding solid. ... » Learn More about San Fernando Valley Los Angeles Real Estate Market Update November 2021
California Real Estate Market at a Glance July 2021
The California housing market is staying hot, but cooling off some. There will be a seasonal slowdown coming up, but there is also some buyer burnout. Mortgage rates are still great, and any normalization of the supply/demand equation will be healthy for the market. If you are in the Los ... » Learn More about California Real Estate Market at a Glance July 2021
California Real Estate Market at a Glance June 2021
The California real estate market stays hot. Inventory is building slightly, but still very tight. Rates have been coming down from a few months ago, offsetting some of the escalation of valuations. Many qualified buyers have been either priced out of the market, or have been frustrated losing out ... » Learn More about California Real Estate Market at a Glance June 2021