Wed Oct. 5th, 2022
- 30yr Rate – 6.25%
- 15yr Rate – 5.375%
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.Circa Properties in Oct
- LISTINGS – 2
- BUYERS – 4
-
SOLD – 2
