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Market Conditions in 90601 : Real Estate Advice

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Thu Aug 5, 2010
Mark Velasco answered:
Bobbuddy,

This answer is for the area right around the Candlewood tract (Single Family Homes only)

May: 6 homes sold with an average sales price of $226/sq ft.
June: 6 homes sold with an average sales price of $223/sq ft.
July: 3 homes sold for an average price of $251/sq ft.

Bob-This is usually the case in Summer. Prices generally heat up (no pun intended) as the Summer goes on. I would say that they may go up a bit more or at least match the July average ($251/sq ft) and then they will likely cool heading into the Fall and even more in the Winter.

Feel free to e-mail me at velascomark@yahoo.com
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