Verdugo Viejo Real Estate Market Continues Downward Trend in Contracts

The Verdugo Viejo market saw three homes go under contract and failed to break out of a solid downward trend. Despite that, total home sales rose to four over the last 30 days. All indications show that the trend should continue, meaning less pending transactions over the next few weeks. Prices are falling in Verdugo Viejo, and this period the median price of all sales fell from $745,000 to $575,000. The rising sales and a low three months of inventory point to Verdugo Viejo being a seller's market.

Trying to find a home in Verdugo Viejo that offers more bedrooms? Then check out these listings that provide the most bedrooms in the area:

$2.3M   $940K   $579K  

Get started right now by checking out Verdugo Viejo homes for sale or reviewing Verdugo Viejo real estate trends.

Demographic facts about Verdugo Viejo:

  • Over the past 10 years, the population has increased 12.1%.
  • The area's lifestyle rating is 70. (Scale: 1 = Worst, 100 = Best)
  • 85.0% of the residents travel to work in an automobile, 5.4% via carpool, and 2.9% by way of public transit.

Data reported through 1/11/2017

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PLG Estates
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