Buyer’s or Seller’s Market?
Coto de Caza, CA
Presented by Conrad Metz of Metz Properties
Metz Properties is Proudly Affiliated with Teles Properties, Newport Beach
Supply and Demand
The Coto de Caza market has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes it’s climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.
Market Action Index
The Market Action Index answers the question “How’s the Market?” by measuring the current rate of sales in Coto de Caza versus the amount of the inventory. Index above 30 implies a seller’s advantage. Below 30, conditions give the advantage to the buyer.
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949-735-9014Teles Properties, Newport Beach, 12 Corporate Plaza, Suite 250 Newport Beach, CA 92660