Although home buyers and home sellers should know days on market in order to make decisions, DOM is not a good way to predict house price appreciation. House price appreciation in Sunnyvale has differed significantly from that in Daly City. Days On Market has been low…
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East Palo Alto Real Estate Trends
The plot of both average and median quarterly East Palo Alto house prices will generally alert you to unusually high or low prices by the separation between the average and median prices changing.
Changes in the East Palo Alto real estate market typically create significant changes in the sales price to list price. The list price is set by looking at recent sales prices. The comparison shows how well sales prices follow expectations.
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