Interest Rates Affecting Buyer Pool...
There is no doubt the real estate market is in a current transition due to changing interest rates affecting buyers' buying power. At the beginning of the year, the real estate market was absolutely on fire as we can see from the graph above the median days on average to sell a single-family home in La Mirada was 11 days.
Median % of Original List Price in Oct Drops 8% From April 2022...
It's not about what you list your home for, it's about what you sell your home for! In October the median percentage of the original list price of a home in La Mirada last month was 98.9%. What that means for simple math purposes is if you listed your home for $100K you would get 98.9K (Median). As we have seen earlier this year you would've gotten 106.9K for your property (Median).
Latest Listing
Let's Connect
Thank you for viewing this article we are happy to provide you with information on the La Mirada Real Estate Market. If you want an instant valuation on your La Mirada Property click here. If you are considering selling your La Mirada Home click here.