Slow going and tight inventory, but prices are increasing. It’s always good to note the Days on Market (DOM) and the Continuous Days on Market (CDOM) for listings.

Here’s the update:

• 1 Active Listing (Property Currently For Sale)–This is an A plan listed at $490,000.
• 1 Pending/Backup (Properties IN ESCROW with Accepted Contracts Between Buyer/Seller)
• 0 Closed Sales (as of 06/01/13)– The latest sale was on 5/30, a D plan for $490,000 as noted in my last post.

In case you want to follow the real estate market at Fusion (or other areas) more closely, please sign up for a free ListingBook account! These are customized specifically either for Buyers and another one for Sellers (need not be selling to use this account); choose the account that suits you best. Absolutely the best tool you can use to keep tabs on your neighborhood market activity.

I work in all parts of the South Bay, so if you know of anyone specifically looking to sell, I am happy to help!

Feel free to visit me and “Like” my page at http://www.Facebook.com/MelindaFlynnRealEstate