SAN CLEMENTE REAL ESTATE MARKET UPDATE: San Clemente, CA 92673
Thu May 16 2019
This week the median list price for San Clemente, CA 92673 is $1,249,000 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has held steady at or around 87. Click here to stay informed with the San Clemente market!
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.
Home sales continue to out sale supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.
FOR MORE INFORMATION, CALL MIKE BROWN BROKER OR BILL FERDI LUXURY HOME AGENT AT 760.822.8734