KEEP A LOOK OUT FOR OUR NEW NEWSLETTER ALL ABOUT THE HIGH DESERT CA

As of August 2023, we currently have a total of 1.99 months supply of inventory in Victorville. Now, what does that mean for you? Well, it indicates that the real estate market in our city is leaning towards a seller's market. With such limited inventory available, it's crucial for buyers to act quickly when they find their dream home.

Now, here's something interesting. Over the past 12 months, our months supply of inventory has actually decreased by a significant 28.67%. This means that the market has become even more competitive for buyers. So, sellers, this is your time to shine! With fewer homes on the market, you have a better chance of attracting motivated buyers and potentially selling your home at a favor

Speaking of prices, let's talk about the list to sold price percentage. In Victorville, we're seeing a healthy 100.3% list to sold price ratio. What does that mean? Well, on average, homes are selling for slightly above their list price. This is great news for sellers as it shows that the demand for properties in our area is strong.

Now, let's dive into the median days on market. Currently, the median days on market in Victorville is just 19 days. That's right, properties are selling quickly! Buyers, this means you need to be proactive and prepared. Working with an experienced REALTOR® like myself can give you a competitive edge in this fast-paced market.

median sold price $422,065

Laura Bonilla: And finally, let's discuss the median sold price. As of August 2023, the median sold price in Victorville is $422,065. This is an important figure to keep in mind whether you're looking to buy or sell. It gives you an idea of the overall market value and can help you make informed decisions.

That wraps up our market update for today. Remember, these statistics provide valuable insights into our local real estate market, but every situation is unique. So, whether you're a buyer or seller, it's always best to consult with a professional REALTOR® who can guide you through the process.

If you have any questions or need assistance with your real estate journey, feel free to reach out to me. I'm here to help!

Thanks for watching, and don't forget to like, comment, and subscribe to my channel for more informative updates like this. Until next time, take care and happy house hunting!