Current Arcadia Area Statistics below,
Continued reductions in inventory across the valley, with a small uptick in the area. As I talk with Realtors, I hear the same story – there is a limited supply of homes when you back out the REO and short-sale listings.
The two types of homes I see selling are the houses that need tons of work yet are a great deal, usually a foreclosure or probate sale, and at the other end of the spectrum a pristinely remodeled home that is move-in ready is also selling. The homes on the market in between these two types seem to be a stagnant segment of the market right now.
See stats below!
