August month in real estate

I think right now we have a lot of people not sure if they should buy or sell real estate today. It maybe they are not making a move is because they do not have good accurate information. I have put together a little data on house inventory and sales prices. This is for the Victor Valley area as a whole. If you want a specific place or more detail contact me. 

What does this mean our inventory is at a 2 year high and opening escrows and closing escrows are at our usual number.

What does this chart mean? Houses are selling for 96% of list and are on the market for an average of 60 days. This means for buyer you have a better chance of getting that dream home for a good price and if you are selling it will take about 2 months to sell.

I want everyone to remember that not acting is not making a decision it is just the decision not to do anything. 

Call me if you have any questions 760-605-1632