Report Indicates Bungalow Heaven Home Pricing Plateau
Every week the Altos Report comes out and indicates the pricing trends in any given city or zip code.
For the 91104 zip code (which contains all of Bungalow Heaven) we can see that while average sales price has remained constant, Price Per Square Foot (PPSF) has dropped and Days on Market (DOM- the number of days it takes for a property to sell) has increased into triple digits.
This price cooling is natural at this time of year but with tax reform on the horizon and hints of an interest hike, we could be seeing a topping out of home values.
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