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Buyer's or Seller's Market? Coto de Caza, CA 4/8/2014

Buyer’s or Seller’s Market?

Coto de Caza, CA

4/8/2014

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

          Seller’s Advantage

          31.7

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.

Conrad Metz of Metz Properties

Coto de Caza Market Action Index presented by Conrad Metz

 

Click here to request a custom home valuation estimate based on area, recent sales, and market trends from Conrad Metz.

Conrad Metz

949-735-9014

Conrad.Metz@TelesProperties.com

Metz-TelesProperties.com

Metz Properties is Proudly Affiliated with Teles Properties, Newport Beach,
12 Corporate Plaza, Suite 250
Newport Beach, CA 92660
Metz Properties of Teles Properties

Conrad Metz of Metz Properties

 

Metz Properties of Teles Properties