It was striking how slow Easter Week was in terms of most local RE activity.
MBC noted 6 sales (new escrows) in the first part of April in "Lovely Vistas." That total was pretty decent.
But few lisitngs adjusted prices, open houses were limited, and, by our count here, just 1 new SFR listing west of Sepulveda debuted…
It was striking how slow Easter Week was in terms of most local RE activity.
MBC noted
6 sales (new escrows) in the first part of April in "
Lovely Vistas." That total was pretty decent.
But few lisitngs adjusted prices, open houses were limited, and, by our count here, just
1 new SFR listing west of Sepulveda debuted last week (Monday-Sunday), and it was actually a retread.
468 33rd (pictured) has been on and off the market for the better part of 2 years. (It's been months since we last saw it – near
$3.4m back then – while it's down now to
$2.890m.)
Consider that March 2009 saw
32 new listings, leaving MB (WOS) at
155 SFRs on offer. (See our
MB Market Update for 3/31/09.)
You can't tell us that the whole month April is on pace for 4-10 new listings.
As a parlor game of sorts, we'll ask you to
guess how many new SFR listings will enter the market this week (Monday-Sunday). Please vote in the poll in the left-side column.
Poll closes quickly,
Weds. morning at 11am, to minimize influence on votes from data.
We'll use
Redfin's MB page as our guide, watching for how many truly new listings hit the market in the period of 12:01am on Mon., Apr. 12, to Sunday, Apr. 18, at midnight.
How much was supply artificially held back during Easter Week? Are we headed for the 190 SFRs by the end of April, which MBC contemplated as possible way back in January? Or have potential sellers gotten the message that this is a rough time to try, and are staying out as a result?
Please see our blog disclaimer.
Listings presented above are supplied via the MLS and are brokered by a variety of agents and firms, not Dave Fratello or Edge Real Estate Agency, unless so stated with the listing. Images and links to properties above lead to a full MLS display of information, including home details, lot size, all photos, and listing broker and agent information and contact information.
Based on information from California Regional Multiple Listing Service, Inc. as of March 18th, 2024 at 9:48pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.