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Absorption Rate Analysis: September 2022 (Mostly) Leans Harder Into a Seller’s Market

Has it already been a month since our last absorption rate roundup? September’s numbers are in and we’re seeing most neighborhoods trending upward with higher absorption rates than August. If we’re using the universally accepted 20% indicator of a healthy seller’s market, then every neighborhood is still a seller’s market. But as our CEO and founder Harout Keuroghl...

91387 Market Update with Absorption Rate September 2022

Currently there are 55 Active Listings in 91387. Median listing price is $874,900. Median Price Per SQFT is $418. For month September 26 homes sold. Average days on the Market was 23 Days for month of September. Median sold price was $840,000 in Canyon Country 91387. 

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LA ranks near bottom of 2023 residential market forecast

Los Angeles / Trevor Bach December 08, 2022 02:31 PM With just weeks to go before the new year, Realtor.com on Thursday published its 2023 housing forecast for the country’s 100 largest metro areas — and L.A. ranks near the bottom. The website’s model incorporates data from local housing markets and the economy to predict year-over-year overal...