As June wrapped up, it turned out to be the first month in a while in new listings substantially outpaced sales (new escrows).
In our independent market tracking, MBC recorded 30 new listings and 20 sales (new escrows) for the whole month among SFRs west of Sepulveda.
Looking only at the 2-week period from June…
As June wrapped up, it turned out to be the first month in a while in new listings substantially outpaced sales (new escrows).
In our independent market tracking, MBC recorded
30 new listings and
20 sales (new escrows) for the whole month among SFRs west of Sepulveda.
Looking only at the 2-week period from June 16-30, an imbalance was more notable:
17 new listings, and
8 sales (new escrows). Of course, during this period, you may have noticed that school let out all over and people skipped town, so we'll try not to over-interpret the dropoff in sales.
For the whole story, see the new MB Market Update spreadsheets. Those are up
online for your viewing and use by clicking here, or at any time by using the pull-down menu on the front page under "MB Market Updates."
Total inventory was at
83 SFRs west of Sepulveda, up 4 from the end of May, a figure that would have been higher but for 5 cancellations in the second half of June, 6 total for the month.
Inventory by sub-region west of Hwy. 1 (for more see the
tracking page of the spreadsheets) broke out this way:
More soon on activity in each part of town. We'll bring you up to the current moment as we look at each subsection west of Sepulveda.
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 29th, 2023 at 9:16pm 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.
