EastLake Real Estate Market Conditions & Reports, EastLake Market Trends, California

Market Commentary Provided by Barbara Legg

Report Date

Fall 2009

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CONNECT WITH A LOCAL PROFESSIONAL

Barbara Legg
Manalo Realty – Team EastLake
Chula Vista, California
619-572-1144
BarbaraLegg@cox.net
Agent Home Page

Nearest Metro Area

Buyers’ or Sellers’ Market

More sellers than buyers

Average Time on Market

90-120 days

Market Trend

Increasing

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 15-20%

Prices As % of Asking Price

90-95%

Multiple Offers?

Greatest Activity

First Time Buyers

Buyer Activity for the past 90 days in EastLake is

Seller Activity for the past 90 days in EastLake is

Is Financing Available For Qualified Buyers in EastLake?

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

EastLake Hills, EastLake Shores, EastLake Greens, EastLake Vistas and EastLake Trails.

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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