temecula market comparison report february 2009 vs february 2010

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Let's take a brief in neighbors Beverly Hills and Santa Monica. Beverly Hills Real Estate featured a 6.38% cut in median sales price ($5,620,000 Feb 09 – $5,261,389 Feb 10) and Santa Monica have a peek at this site saw a 44.74% decrease ($2,107,000 Feb 09 – $1,164,292 Feb 10). Are houses in Santa Monica and Beverly Hills selling faster or slower this season? Well, Santa Monica experienced a 58.64% increase (49 to 77 days) in median days on market and Beverly Hills saw a 38.47% decrease (195 to 120 days). In the units sold category, Beverly Hills sold 9 units more (100.00%) in Feb 2010 than 09 and Santa Monica sold 7 units more (140.00%) in Feb 2010 than Feb 09.

The associated with Palm Springs experienced a 32.45% lack of median sales price from last year going down from $448,725 (Feb. 09) to $303,125 (Feb. 2010). Median days on market data for Palm Springs show that houses are marketing slower than Feb 2009. It took 100 days in Feb 09 for an apartment to sell and for Feb 10 that number has increased to 167 days (a 66.75% deterioration). Another important aspect to consider is total number of units sold. Associated with month of Feb 09, 4 units were sold compared to 4 for Feb 10 (0.00% change). Lastly tend to be going take a look at a examine the Sales Price to list Price Ratio for Palm Springs. SP/LP ratio for Feb 09 was 87% compared to 94% for Feb giff gaff 10.

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