San Fernando Valley Micro Market Report : July 2012

Page 8

San Fernando Macro Market DATA *

JUL 2011

JUL 2012

% CHANGE

Median Price ..........................................................

$554,692

$591,000

6.5%

Average Price per Square Foot ...........................

$294

$294

-0.1%

Properties Sold .......................................................

392

467

19.1%

Properties Pending Sale .......................................

396

533

34.6%

Properties For Sale ................................................

1564

886

-43.4%

Days on Market (Pending Sale) ...........................

58

71

20.9%

Month’s Supply of Inventory ................................

4.0

1.9

-52.4%

Percent Under Contract ........................................

25.3%

60.2%

137.6%

Average Median Price for Last 12 Months ........

$605,270

$547,953

-9.5%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in South Bay Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

$591

M E D I A N

S A L E S

(in hundred thousands)

$555

P R I C E

yearly trend

JUL

AUG

SEP

OCT

Micro Market Report : July 2012

NOV

DEC

JAN

FEB

MAR

APR

MAY

JUN

JUL


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