Every Day Is A Good Day In The South Bay In LA

Every Day Is A Good Day In The South Bay In LA
Hermosa Beach

Thursday, May 15, 2008

Market Synopsis (All GSB Cities Combined) For April 08

All GSB Cities Combined

Property types: Single Family Homes, Condo/Townhomes & Residential Income

Price Range: 0 - No Limit

Number of homes for Sale vs. Sold vs. Pended

Homes Closed in Apr. 2008: 400

Homes Placed under Contract in Apr. 2008: 482

Supply of Homes - Months of inventory: 10.6
(Assuming no others were to enter market)

Market Advantage - Buyer
(Buyer's market: more than 6 months of inventory
Seller's market: less than 3 months of inventory
Neutral market: 3 - 6 months of inventory)

Days on Market & Sold/List Price %

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