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Palm Springs Real Estate has not shown any significant movement compared to last 12 month period. Units sold remained the same, Median sales price dropped, median days on market went up. The only encouraging factor was sellers received 94% of asking price as whenever compared with 87% not too long ago.
Santa Monica Real Estate has not even shown any signs of improvement with median sales price dropping and median days on Assess This intensifying. Sellers received 94% of asking price as to be able to 96% last year. Units sold is essential to achieve great indicator since connected with units involved is not large.
The city of Oakland experienced a 24.02% increase in median sales price from last year going up from $220,619 (Feb. 09) to $273,617 (Feb. 2010). Median days on market data for Oakland points too houses can sell faster than Feb 2009. It took 60 days in Feb 09 to obtain house to offer and for Feb 10 that number has been down to 40 days (a 32.14% improvement). Another essential aspect to consider is total number of units sold. On the month of Feb 09, 254 units were sold compared to 200 for Feb 10 (-21.26% change). Lastly we are going giff gaff attempt a take a the Sales Price to list out Price Ratio for Walnut creek. SP/LP ratio for Feb 09 was 97% to be able to 101% for Feb 4.
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Let's take a brief look at neighbors Laguna Beach and Santa Ana. Laguna Beach Real Estate featured a 180.64% development of median sales price ($936,858 Feb 09 - $2,629,235 Feb 10) and Santa Ana Marketplace saw a 10.71% increase ($311,400 Feb 09 - $344,746 Feb 10). Are houses in Laguna Beach and Santa Ana selling faster or slower 12 months? Well, Laguna Beach experienced a 60.10% increase (99 to 159 days) in median days on market and Santa Ana saw a 110.50% increase (27 to 56 days). In the units sold category, Laguna Beach sold 11 units more (183.33%) in Feb 2010 than 09 and Santa Ana sold 47 units less (-34.81%) in Feb 2010 than Feb 09.