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Wednesday, January 22, 2014

Pick City: Ramona

Ramona - Week of January 20th, 2014

Single Family Homes




This Week

The median list price in RAMONA, CA this week is $440,000. The 121 properties have been on the market for an average of 99 days.

The Market Action index has been trending down lately, while days-on market is climbing, providing mostly bearish signs for the market.

Supply and Demand

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller's Market zone and prices have been moving upward as evidence.



Median Price

The market seems to have paused around its high point. Though this week prices eased down a bit. The Market Action Index is a good leading indicator for the durability of this shift.

Inventory of Properties Listed for Sale

Inventory has been relatively steady around these levels in recent weeks.

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Data Provided by and Copyright Altos Research LLC

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