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MARKET STATS FROM CALIFORNIA ASSOCIATION OF REALTORS

California Median Price: $758,000

California Median Days on Market: 8

Sales to List Price: 102.2%

WHY IS THE MARKET SO COMPETITIVE

Lack of Inventory! The three main factors that are contributing

Construction not keeping up with population growth

​​​​​​​Sellers that refinanced with rates were below 3% have low payments and have little incentive to move

Sellers that would traditionally sell to upgrade or downsize are taking pause due to competitive market

LOCAL MARKET STATS

To request stats for your area, text:  "market stats" to 562.287.4944