A Quick Snap Shot Of Daly City
I took a quick look at some of the Real Estate Trends in Daly City and found the statistics to be quite encouraging. These statistics are comparing April of 2010 to April of 2009.
Median Price Of Properties Sold: +6%
Properties Under Contract: +69%
Properties For Sale: -16%
Average Days On Market: -7%
Average Monthly Supply Of Inventory: -63%
The numbers are very encouraging, it appears, while prices are slightly up, so is interest in them. Inventory has decreased and so has the amount of time properties are staying on the market. Simple supply and demand, demand is up while supply is down, means the prices properties are selling for have risen.
It is still a great time to buy or sell in the current market, much of it depends on your own personal needs.
Adam Chinn: Visit my website at http://adamchinn.com
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Great news – very promising numbers
Thanks for sharing the information you gathered, Adam!
Brian