How is the Century City Real Estate Market? September 2016

How is the Century City real estate market? Let’s compare the past three months of 2016 with the same period last year.

Century City condos sold

Closed sales are up over last year.

Century City median home price

 

The median price is up significantly over 2015.

Century City condos active listings

The number of condos listed over the past three months was down significantly over the same period last year.

Century City months supply of housing inventory

Months supply of inventory denotes the number of months it will take to sell the existing homes on the market: 1-4 months = sellers’ market; 5-7 months = balanced market; over 7 months = buyers’ market.

Century City housing market remains a buyers’ market.

Information taken from the MLS InfoSparks© 2016 Showing Time deemed reliable but not guaranteed

 

Century City condos for sale

 

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