Pick City: Chula Vista

Chula Vista - Week of June 28th, 2015

Single Family Homes

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This Week The median list price in CHULA VISTA, CA this week is $542,000. The 352 properties have been on the market for an average of 46 days. Demand measured by the Market Action Index is increasing and dayson-market is trending downward. Even as more properties come available, these are positive trends for the market. Supply and Demand The market has started cooling and prices have recently plateaued. Since we're in the Seller's zone, watch for changes in MAI. If the MAI resumes it's climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer's zone, watch for downward pressure on prices.

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Median Price

Despite this week's up tic, the market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this shift.

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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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Market Action Index

The CHULA VISTA market is currently in the Seller's Advantage zone (greater than 30). The 90-day Market Action Index stands at 44.90 which indicates that demand is strong and available supply of homes gets snapped up relatively quickly.

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Data Provided by and Copyright Altos Research LLC

Pick City: Chula Vista

CHULA VISTA - Week of January 19th, 2015

Single Family Homes

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This Week The median list price in CHULA VISTA, CA this week is $482,500. The 242 properties have been on the market for an average of 64 days. Inventory has been tightening and days-on-market increasing recently.The Market Action Index has beenbasically flat, not providing strongindication for market conditions. 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.

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Median Price

Prices are climbing and we're nearing the market's all time high so watch the Market Action Index as an indicator of how long this trend will last.

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Inventory of Properties Listed for Sale

Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

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Data Provided by and Copyright Altos Research LLC

Pick City: Chula Vista

Chula Vista - Week of September 21st, 2014

Single Family Homes

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This Week The median list price in CHULA VISTA, CA this week is $454,000. The 329 properties have been on the market for an average of 58 days. The Market Action Index has been trending down lately, indicating demand falling along with supply.Conditions point to mildly negative trends for the market. Supply and Demand While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

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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.

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Inventory of Properties Listed for Sale

Inventory has been falling in recent weeks. Note that declining inventory alone does not signal a strengthening market. Look to the Market Action Index and Days on Market trends to gauge whether buyer interest is changing with the available supply.

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Data Provided by and Copyright Altos Research LLC