90 Day Median Time on Market for La Crescenta

90 Day Median Time on Market for La Crescenta

 

La Crescenta Home Sale’s Median Days on Market gives us important insight into market conditions.  In the 90 day chart above you can see that market time went up during November and the beginning of December.  Beginning on Dec. 9 market time began to go down.  In the charts below compare Median Days on Market for  12 months and 24 months you can see that Median Days on Market peaked in January 2008 – a year ago.  In my next post we will look at price activity of the same time frames. 
 

Median Days on Market in La Crescenta during 2008

Median Days on Market in La Crescenta during 2008

 

 When comparing La Crescenta’s one year median market time chart above with the two year chart below you will notice that the peak market times of winter 2007/8 were higher than the peak market times this year in December.  Check back here to see how the market behaves through the rest of the winter.
 

Market Time over two years for La Crescenta Homes for Sale

Market Time during 2007 & 2008 for La Crescenta Homes for Sale