Monday, January 18, 2021

JANUARY MID-MONTH UPDATE

It's hard to believe we are already just past the halfway point for January... but here we are, with an astonishingly low inventory of 6 ACTIVE Single Family Residence (SFR) listings and 1 ACTIVE Villa listing.  Activity has been strong with 11 SFR homes and 2 Villas going under contract.


 
 DAYS ON MARKET (DOM) / CUMULATIVE DAYS ON MARKET (CDOM)
CDOM includes DOM for a previous listing of the same property.
 
Single Family Residences
 





Villas and Carriage Homes

 

END OF DECEMBER STATS
Interactive versions of these and additional graphs 
can be found under the UP-TO-DATE STATS FOR SCCL tab above.
 
MONTHS SUPPLY
 Months of supply is the measure of how many months it would take for the current inventory of homes on the market to sell, given the current pace of home sales. For example, if there are 50 homes on the market and 10 homes selling each month, there is a 5 month supply of homes for sale. 
  • Less than 6 months of inventory = Seller's Market with upward pressure on prices
  • More than 6 months of inventory = Buyer's Market with downward pressure on prices.
Single Family Residences

Villas and Carriage Homes

 
AVERAGE DAYS ON MARKET
 
Single Family Residences

Villas and Carriage Homes

 
AVERAGE PERCENT OF ORIGINAL LIST PRICE

Single Family Residences

Villas and Carriage Homes

 
 Current stats can always be accessed using the tab at the top of the page.

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