With an identifiable downward trend of new sellers listing homes, including 18 over the last 30 days, and sales that fell to 16 in that same time frame, the California market will be slowing down. All indications show that the trend may be coming to an end, meaning more new listings over the next few weeks. A months of inventory number of six reported this week continued a four-week downward trend, likely due to the weak number of new listings in the area.
Looking for adequate space in your home? Check out these listings in California that provide large living areas: