BHAUS EIGHT November Newsletter
Southbay market average home prices had a slight jump in October versus the previous month (+5%) and versus last year (+3.6%). While there was good news on home values, the # of sold listings went down by 8%, and the DOM went up by 8% versus last month. Although these last 2 indicators point towards a slowdown in the market, the fact that inventory remained below last year’s level (-16%) has helped with the continued increase of home values, albeit with a narrower margin compared to previous periods.
Click below to read more about the market, economy & mortgage updates, and good. news for investors!
