These reports will show you current Market Statistics for Singe Family Homes/Estates and Condos/Townhomes in Summerland (93067), broken down into 4 types of information: Median Price, Median Inventory, Average Days on Market, and How's the Market Doing? (this chart that will show you the Market Action Index, a gauge on how the market is doing at any given time). 

Except in the Overall Median Price charts, the information in each chart is broken down into 4 price points: Top (1st), Upper (2nd), Lower (3rd) and Bottom (4th). This allows you to see actual market conditions in each price range, and will give you a much more accurate snapshot of the market for your particular price range.  Remember, "Median Price" is the price point at which half the sales are higher, and half are lower.  When you see the chart move up, it means that more "expensive" homes are selling. When it moves down, it means more "inexpensive" homes are selling.

You might want to bookmark this page, as the statistics are constantly changing.  Please feel free to contact us if you have questions about a specific property or neighborhood. Thank you.  

The Market Action Index is a measurement of several statistics that compare demand levels relative to supply levels. Based on the proprietary Altos Research methodology, Above 30 demand is robust, and indicates a "Seller's" Market. Below 30 indicates weak demand, or a "Buyer's Opportunity" Market.