The new MB Market Update spreadsheets are available by clicking here
, or at any time by using the link in the upper-right corner of the front page, under MB Market Info & Updates
The current update covers activity in the second half of July.
We ended the month with 116
active SFRs in our subject region west of Sepulveda. This is, again, the highest total MBC has reported
in a year-plus of public market tracking, though it's only +3 from the end of June.
There were 26
actives in the Hill Section, 40
in the Sand, and 50
in the Trees.
At mid-month, we might have made too much of the relative balance in the first part of July, which saw 10 new listings and 12 sales (new escrows). (See "Warmer than Expected
By the end of the month, we had less balance. For all of July,
MBC recorded 26
new listings and 17
sales (new escrows). Meanwhile, 11
listings canceled in July.
There were lots of interesting developments, including sales and price cuts, which we'll cover in the coming days.