Market Conditions for March 2006

The Real Estate Market is really on its way to becoming a balanced market. Almost all listings over $ 1,000,000 are sitting on the market for about 3 months and selling near the listed price. This is a very healthy market that is fair to both buyers and sellers. There has been no drop in the value of homes. However, there have been price reductions for homes that are overpriced. All of our Sunday open houses have had a consistent flow of buyers coming to view them. From now, and throughout the Summer, the real estate market will be at its finest. People love to sell during the Spring and Summer. There will be more listings to look at and more buyers to buy them. For more details on your neighborhood or a neighborhood you are interested in, please e mail me at Anthony@TheMillenniumTeam.com or call us at 310 461 1252. Check us out on line at www.TheMillenniumTeam.com and www.LARealtorToTheStars.com or our blog at www.themillenniumteam.blogspot.com