Westchester, CA Single Family Residence : Under Contract Statistics...
By Endre Barath, Jr., Realtor - Los Angeles Home Sales 310.486.1002
(Berkshire Hathaway HomeServices California Properties)
Westchester, CA Single Family Residencial Real Estate: “Under Contract Statistics” I have found that over time there is always a larger focus on Active listings that are on the market. People focus on the asking price, the number of them on the market. Although they are important numbers they do not tell the real story. Let’s be realistic: Sellers can ask all they want and will find agents that are willing to list it for them. Then of course the other number most people focus on is the Sold Statistics. Clearly valuable information the combination of the two you get a good idea how the market is doing. One of the least analyzed or viewed numbers are the “Under Contract Statistics”. These are the homes that are Pending or Accepting Backup Offers. To me these are the critical numbers tha...
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