'Market Forecasts'
LA South Bay Real Estate Forecast – June 2011
Posted on01. Jul, 2011 by Barry Brickel.
Summary of May's Data May's Average price took a big jump in May to $708,830 compared to $611,098, up 16% from April, that is a very large increase for one month and not is not an indication of a trend at this point The Median price dropped slightly in May to $405,000. The average price [...]
Click to View
LA South Bay Real Estate Forecast – May 2011
Posted on30. May, 2011 by Barry Brickel.
Summary of April's Data The number loans in Foreclosure was down again in the first quarter of 2011 from the same quarter a year ago. The number of delinquent homes was 13,957 compared to 15,797 or down 11.6%. This indicator is one of the most reliable of our indicators predicting future conditions. We can expect [...]
Click to View
LA South Bay Real Estate Forecast – April 2011
Posted on28. Apr, 2011 by Barry Brickel.
Summary of March's Data March marks the start of the annual home buying season and has started off with the common upsurge in sales which is consistent with the annual seasonal pattern of increased sales volume (see the sales volume chart below). Sales surged from the seasonal adjusted low point of 354 unit in [...]
Click to View
LA South Bay Real Estate Forecast -March 2011
Posted on30. Mar, 2011 by Barry Brickel.
Summary of February's Data February was greatly impacted by seasonality as shown in the sales volume graph below. The low sales volume for February should be the low for the year and we expect a higher sales volume in March as that will be the first month of the buying season. February's sold data continues [...]
Click to View
LA South Bay Real Estate Forecast – Feb 2011
Posted on22. Feb, 2011 by Barry Brickel.
Summary of January's Data January's sold data continues to show a flat consolidation of prices with a relatively high variance in monthly sold prices. This price consolidation started in January 2009. Seasonal lows in the winter holiday periods are showing a stronger trend in sales volume, the impact of these periods is having less of [...]
Click to View
LA South Bay Real Estate Forecast – Jan 2011
Posted on23. Jan, 2011 by Barry Brickel.
Summary of December's Data December's data revealed two surprising changing conditions: 1- sales volume was higher than seasonally expected, December's data showed sales above average for this time of year, usually sales volume is low in the months of December and January,( see the sales volume graph below). 2 – the two upper price ranges [...]
Click to View
LA South Bay Market Forecast -December 2010
Posted on24. Dec, 2010 by Barry Brickel.
Summary of November's Data LA South Bay Home Affordability increased again in November to the highest level for the current up market surpassing the previous high obtained last month and January 2009. This was due mainly to a drop in the LA South Bay median home price even though interest rates were higher for the [...]
Click to View
LA South Bay Market Forecast – Nov. 2010
Posted on25. Nov, 2010 by Barry Brickel.
Summary of October's Data LA South Bay Home affordability increased to the highest level for the current up market surpassing the previous high obtained in January 2009. This was due mainly to a large drop in the LA South Bay median home price. The median price fell 9.1% from the previous months price. The rather [...]
Click to View
LA South Bay Market Forecast Oct 2010
Posted on19. Oct, 2010 by Barry Brickel.
Summary of September's Data Average and Median Home prices increased in September based on MLS sold data. Median and Average home prices continue to follow a short term uptrend that started in January 2009. Total Inventory increased in September again but appears to be slowing. Sales Vulume continues to come in close to its average [...]
Click to View
LA South Bay Market Forecast – Sept 2010
Posted on30. Sep, 2010 by Barry Brickel.
Summary of August's Data Home prices based on August''s sold data for Median sales prices are back on their uptrend line and Average prices remain on their uptrend but were down from last month. Monthly home prices fluctuate quite a bit for month to month – remember to follow the trend lines instead. Average [...]
Click to View
- LA South Bay Real Estate Forecast – April 2012
- LA South Bay Real Estate Forecast – March 2012
- LA South Bay Real Estate Forecast – February 2012
- LA South Bay Real Estate Forecast – January 2012
- LA South Bay Real Estate Forecast – December 2011
- LA South Bay Real Estate – November 2011
- LA South Bay Real Estate Forecast – October 2011
- LA South Bay Real Estate Forecast – Sept 2011
- LA South Bay Real Estate Forecast – August 2011
- LA South Bay Real Estate Forecast – July 2011
