Video: Real Estate Community Tour for La Puente, CA
See Real estate community tour for La Puente, CA
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of May. The number of active listings was down 49% from one year earlier, and down 30% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month. Compared to last year, the average number of days units spent on the market before being sold was down 10%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price. The number of units sold decreased 6% year-over-year, and decreased 15% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.