Housing Inventory Snapshot

By
Real Estate Agent with Surterre Properties

I hope you will find the following snapshot of local Real Estate inventory interesting. The table represents aggregated values based on MLS data for the specified date. 

Housing Inventory Snapshot January 29, 2010
  Average List Price Median List Price Average Days On Market
Orange County, CA
Single Family under $1M $570,364 $550,000 97
Single Family over $1M $3,176,203 $1,995,000 159
Condo/Townhome under $600K $310,728 $299,000 102
Condo/Townhome over $600K $1,127,800 $899,000 154
Los Angeles County, CA
Single Family under $600K $332,497 $325,000 101
Single Family over $600K $1,350,544 $949,000 129
Condo/Townhome under $400K $234,876 $225,000 104
Condo/Townhome over $400K $631,584 $525,000 106
Riverside County, CA
Single Family under $700K $227,080 $195,000 134
Single Family over $700K $1,520,789 $1,049,900 181
Condo/Townhome under $500K $138,190 $114,800 129
Condo/Townhome over $500K N/A N/A N/A

MORTGAGE. National Averages (January 29, 2010)*
30-year fixed Rate - 5.07% APR - n/a%
15-year fixed Rate - 4.49% APR - n/a%
5/1 ARM Rate - 4.11% APR - n/a%

* Mortgage rates were collected from publicly available sources (yahoo.com) on the date stated. The accuracy of the information and the availability of these rates are not guaranteed by the publisher. Rates are provided for informational purposes only and are subject to change without notice. Actual market interest rates may vary. 

If you know someone who is considering buying or selling a home, please give me a call. I will provide professional & courteous service along with knowledgeable guidance through the process.

 

And Thank You for making me Your Orange County Real Estate Connection!

Best Regards,

Michael Caruso, Broker ABR ABRM CRB CRS GRI GREEN

2007 President, Orange County Association of Realtors

 

Posted by

 

We Are Now Accepting Qualified Listings

Call Today for More Info on Our 

Distinctive Marketing Plans

 

 

And thank you for making me Your Orange County Real Estate Connection.     

www.MichaelCarusoRealEstate.com

Best regards,

Michael Caruso, Broker Associate ABR ABRM CLHMS CRB CRS GREEN GRI

Surterre Properties

Past President, Orange County Association of Realtors (949) 495-8600

 

Be Michael Caruso's Friend! Watch Caruso TV! Are You LinkedIn with Michael? The Voice of Orange County Review Michael Caruso! Tweet Michael Caruso!

Certified Luxury Home Marketing Specialist  Member of The Institute Luxury Home Marketing   Million Dollar Guild Member  Member of Proxio Pro - The International MLS

 

Home Values In Your Area  Michael Caruso Real Estate Group

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
California Orange County Laguna Niguel
Groups:
LA Connection
Posts to Localism
Real Estate Trends
Realtors®

Anonymous
Post a Comment
Spam prevention
Spam prevention
Show All Comments
Ambassador
451,595
Larry Lawfer
YourStories Realty Group - Westwood, MA
"I listen for a living." It's all about you.

I just saw one of these analysis's for a different area and what strikes me is how valuable the information is.  When I look at this I get filled with more hope looking at the number of sales.  Now I know sales are happening and about how long it takes so now all I have to do is all the other work to get a house under agreement and start the walk.  Thanks for the posting.

Feb 01, 2010 10:01 AM #1
Rainmaker
1,369,245
David Saks
The Real Estate Mart of Tennessee, Inc. - Memphis, TN
Memphis, Tennessee

The numbers speak loudly. The high end DOM must be a real challenge. Glad your SF 300k to 500k are popular. Nice stats. Thanks for posting.

Feb 01, 2010 10:40 AM #2
Rainer
104,294
Frank Kliewer
Woodinville, WA

Hi Michael, interesting to see the numbers in my old stomping grounds . . . I worked at Disneyland when in college. Best to you. I'll keep you in mind for OC.

Feb 02, 2010 01:32 PM #3
Rainer
88,760
Christine Hynes
American Capital Corporation - Laguna Beach, CA
Orange County Senior Loan Consultant

Thanks for the numbers Michael, I hope all these numbers but days on the market go up!

Feb 04, 2010 12:41 PM #4
Rainmaker
746,752
Michael A. Caruso
Surterre Properties - Laguna Niguel, CA

The numbers are slowly moving up and DOM moving down. This is still a challenge for some price points, but the good news is there is more activity.  Thank you all for leaving a comment.

Michael

 

Feb 04, 2010 12:55 PM #5
Anonymous
Post a Comment
Spam prevention
Show All Comments
Rainmaker
746,752

Michael A. Caruso

Ask me a question
*
*
*
Spam prevention

Additional Information