Category: Subarea Spotlight

  • Are houses selling above or below list price?

    This question hit my inbox this morning. The answer is “mostly below on the average right now”. Here is a breakdown of the top 20 selling subareas in the region (as measured by their number of sales). Here’s how to read this: Banning Lewis Ranch is the number one selling subarea YTD and is closing […]

  • Inventory in the top 20 Subareas & Banning Lewis Ranch

    Bottom line: inventory in these subareas is lower than I expected to see, with the exception of Banning Lewis Ranch. The low inventory across the board seems to be helping holding pricing up.

  • Subarea Spotlight: Banning Lewis Ranch

    Banning Lewis Ranch is currently the top selling subarea in town by number of sales in the last 30 days. The average closed price in BLR is $481,396. The median closed priced price is $475,000. The average days on market is 6.09 and the median is 29. Homes are selling at 5.86% under the original […]