State, county and national real estate statistics paint broad brush strokes about what’s happening in the market. The key to success for buyers, sellers and agents alike is understanding market conditions in specific communities and neighborhoods.
So Rodeo Realty recently launched a Web site, rodeomarketreports.com, which will post monthly localized market reports for communities in the Westside of Los Angeles, the San Fernando Valley area, and Ventura County. (Please note: The images below do not link directly to the market reports. You must visit the before mentioned Web site.)
The reports will break market statistics down into individual cities in the regions. Statistics include: median sales price; number of properties sold; pending sales; properties for sale; average days on market; month’s supply of inventory; and percentage under contract. The reports compare the current month with the same month a year ago, and note the percentage change.
Rodeo’s marketing team is adding data to the rodeomarketreports.com site each day. So the available coverage will become more comprehensive over time.