Canyon Country Real Estate Market Conditions & Reports, Canyon Country Market Trends, California

Market Commentary Provided by Debbie and Tom Neumann

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Debbie and Tom Neumann
RE/MAX - Olson & Associates
Northridge, California
818-943-0917
neudeb@aol.com
Agent Home Page

Nearest Metro Area

Los Angeles, CA

Buyers’ or Sellers’ Market

More buyers than sellers

Average Time on Market

30-60 days

Market Trend

Decreasing

Housing Inventory

Good supply - Some Prices

Average Home Price

$550,000 - View Graph Trend

Best Selling Price Range

Worst Selling Price Range

Compared to Last Year

Down 0-5%

Prices As % of Asking Price

90-95%

Multiple Offers?

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in Canyon Country is

Seller Activity for the past 90 days in Canyon Country is

Is Financing Available For Qualified Buyers in Canyon Country?

Existing Home Prices for the past 90 days are

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales?

Housing Hot Spots

Reason to Buy/Sell

Other

Average Sold Price

$550,000 - View Graph Trend

National Real Estate Market

National Summary: National Housing Market Recovery Near?

Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit

Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there.

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