The median single-family home in Vista real estate for the first week of August is $360,000, trending up. The average days on the market is 173, trending down. Both of these numbers may reflect hopeful news for sellers of real estate in Vista.  The  amount of inventory is also tightening.  The Market Action Index, which answers the question, “How is the market?” has been basically flat, not providing strong indication for market conditions in Vista.

A Market Action Index above 30 implies conditions in favor of the real estate Seller.  An index below 30 favors the real estate Buyer. Local conditions in Vista are currently in the Buyer’s Market Zone (below 30) though not strongly so. The 90-day Market Action  Index in Vista is at 22 so Buyers should find good options.

August on the whole continues to be a great time to buy real estate in Vista. Distressed properties continue to come on the market, and real estate Buyers are rushing to make offers. Before the kids go back to school, sellers want to get their homes into escrow, and buyers should go searching and be ready to make a move.

This entry was posted on Sunday, August 9th, 2009 at 1:21 am and is filed under Vista Real Estate. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.