NOT WHAT YOU THINK

Getting Better for Buyers

This week the median list price for Fullerton, CA is $1,195,000 with the market action index hovering around 49. This is less than last month’s market action index of 51. Inventory has increased to 106. Click above to find out more about the Fullerton market, or any market in you are interested in.

 

Market Action Index

The Market Action Index answers the question “How’s the Market?” by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller’s Market conditions. Below 30, conditions favor the buyer.

 

Cooling

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). Call Agent B to talk about your options.