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Yikes! New housing data is IN and it’s not super exciting! We have a massive shift occurring in sales volume, which is obvious, but it’s starting to affect the “moving average” of real estate pricing. I’m updating this information every 2 weeks. Just so you know, I’m collecting real estate data and tracking the changes or inflections is extremely important in determining the impact of the outbreak on real estate pricing. The real estate sales data for residential real estate is worst in the hardest hit areas of the outbreak, which makes sense, but LA and Orange county are particularly hard hit – though they went into this crisis with a lot of strength.
Want to help with data? Email me median price statistics for March and April 1-April 16 in your area.
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