Market Trends



This Week from Mike Simonson, Altos Research.

If I told you more homes this week went into contract than last year at this same time, would that surprise you?

How can that be?

Well these are both supply-constrained markets. So while overall demand is much lower this year, there are still fewer homes on the market than we have demand for. And inventory fell again this week.

This is not a story of too much demand. In fact, 2 out of 3 home price leading indicators are down year over year. We have some demand, but consumers are very price sensitive.

But we can see the sales pace picking up from last fall’s total shutdown.



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Claremont 91711

Glendora 91740

Glendora 91741

La Verne 91750

San Dimas 91773

North Upland 91784

Cathedral City 92234

Irvine 92612

Laguna Beach 92651

Newport Coast 92657

Newport Beach 92663

San Clemente 92673

Apple Valley 92308

We work hard to keep our clients informed about the market while they’re buying or selling their home. These weekly reports use real-time data so our clients can make decisions based on what’s happening in the market right now and how the market is changing week by week.

A few questions these reports can help you answer:


Is now a good time to buy or sell?

Check the “Market Action Index” to see if the market is heating up or cooling down.


How’s the market in my price range?

Click into the “Market Segments” charts to see the how the market is behaving in different price ranges.


What can I get in my price range, and where should I look?

Use the “Median List Price” charts to see what you can buy in your price range, and search by zip code to compare different neighborhoods.

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