Oak Park Real Estate Market Update for the week of September 9, 2013
By Carmela Jacobs, Ventura Co., Los Angeles Co., CA, & Global Realtor
(Carmela Realty)
The median list price for a single family home in Oak Park, Ca for the week of September 9th, 2013 is $777,500.00 With inventory, days-on-market, and the Market Action Index all recently plateaued, the market is not sending a strong directional signal for the near-term outlook. Supply and Demand: In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller's market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb. Carmela Jacobs is an ethical California Real Estate Broker with over two decades of experience helping hundreds of families make the right move. As a full-time Realtor she specializes in relocation, homes sales, luxury...
Comments
0