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Wednesday, July 9, 2014

Pick City: Anaheim

Anaheim - Week of July 7th, 2014

Single Family Homes




This Week

The median list price in ANAHEIM, CA this week is $539,950. The 351 properties have been on the market for an average of 66 days.

Inventory is up and Market Action is trending down recently. While days-on-market appears to be trending lower, the overall conditions are weakening a bit.

Supply and Demand

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller's Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.




Median Price


The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.


Inventory of Properties Listed for Sale


Inventory has been climbing lately. Note that rising inventory alone does not signal a weakening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is keeping up with available supply.



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Data Provided by and Copyright Altos Research LLC

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