Numbers don’t lie. We wish we could say the same for headlines. In our quest for transparency, we’re going to be bringing you monthly updates on the health of the real estate market with our series Absorption Rate Analysis. We hear a lot about “fewer homes hitting the market”, but this hasn’t been our personal experience. We still see a very healthy market in ...

• calendar_month November 5, 2022
• category Absorption Rate
• post 2022, Absorption Rate, Bruce Real Estate, California, home prices, Home Sellers, Home Values, Janie Bruce, Lakewood 90712, Selling

In Seal Beach Zip Code 90740 there are 12 active and 10 homes sold in October with an average 12 days on the market, at a median selling price $1,642,500.  That's an absorption rate of 83%. Anything over 20% means a healthy market.  

• calendar_month November 7, 2022
• category Absorption Rate
• post 2022, Absorption Rate, Bruce Real Estate, home prices, Home Sellers, home value, Housing, Janie Bruce, Median Time of Market, real estate, Selling

In Cypress Zip Code 90630  there are 16 active and 12 homes sold in October with an average 9 days on the market, at a median selling price $1,025,000.  That's an absorption rate of 75%. Anything over 20% means a healthy market.  

• calendar_month November 8, 2022
• category Absorption Rate
• post 2022, Absorption Rate, Bruce Real Estate, home prices, Home Sellers, Home Values, Janie Bruce, Selling

Numbers don’t lie. We wish we could say the same for headlines. In our quest for transparency, we’re going to be bringing you monthly updates on the health of the real estate market with our series Absorption Rate Analysis. We hear a lot about “fewer homes hitting the market”, but this hasn’t been our personal experience. We still see a very healthy market in ...

• calendar_month November 10, 2022
• category Absorption Rate
• post 2022, Absorption Rate, Bruce Real Estate, home prices, Home Sellers, home value, Huntington Beach 92646, Janie Bruce, Selling

In Rossmoor, Zip Code 90720 there are 8 active and 12 homes sold in November 2022 with an average 10 days on the market, at a medium selling price $1,465,000.  That's an absorption rate of 66%. Anything over 20% means a healthy market.    

• calendar_month November 30, 2022
• category Absorption Rate
• post 2022, Bruce Real Estate, Home Sellers, home value, Janie Bruce, Rossmoor 90720, Rossmoor real estate

In Los Alamitos, Zip Code 90720 there are 9 active and 2 homes sold in November 2022 with an average 9 days on the market, at a median selling price $1,192,500.  That's an absorption rate of 22%. Anything over 20% means a healthy market.    

• calendar_month December 1, 2022
• category Absorption Rate
• post 2022, Absorption Rate, Bruce Real Estate, Buyers, home prices, Home Sellers, home value, Janie Bruce, Los Alamitos, Los Alamitos 90720, Selling

In Seal Beach, Zip Code 90740 there are 9 active and 6 homes sold in November 2022 with an average 10 days on the market, at a median selling price $1,410,000.  That's an absorption rate of 66%. Anything over 20% means a healthy market.    

• calendar_month December 2, 2022
• category Absorption Rate
• post 2022, Absorption Rate, Bruce Real Estate, Buyers, home prices, Home Sellers, home value, homeowners, Janie Bruce, Seal Beach, Seal Beach 90740

In Buena Park, Zip Code 90620 there are 36 active and 11 homes sold in November 2022 with an average 9 days on the market, at a median selling price $830,000.  That's an absorption rate of 30%. Anything over 20% means a healthy market.    

• calendar_month December 3, 2022
• category Absorption Rate
• post 2022, Absorption Rate, Bruce Real Estate, Buena Park 90620, Buyers, home prices, Home Sellers, Home Values, homeowners, Janie Bruce, Selling

In Long Beach, Zip Code 90808 there are 37 active and 22 homes sold in November 2022 with an average 8 days on the market, at a median selling price $939,000.  That's an absorption rate of 59%. Anything over 20% means a healthy market.    

• calendar_month December 4, 2022
• category Absorption Rate
• post 2022, Absorption Rate, Bruce Real Estate, Buyers, home prices, Home Sellers, home value, homeowners, Janie Bruce, Long Beach 90808

In Long Beach, Zip Code 90815 there are 35 active and 13 homes sold in November 2022 with an average 8 days on the market, at a median selling price $895,000.  That's an absorption rate of 37%. Anything over 20% means a healthy market.    

• calendar_month December 5, 2022
• category Absorption Rate
• post 2022, Absorption Rate, home prices, Home Sellers, Home Values, Long Beach 90815