Housing Inventory Snapshot 8/28/2011

By
Real Estate Agent with TIM LORENZ - Elite Home Sales Team BRE# 00919781
http://actvra.in/mYQ

Housing Inventory Snapshot 8/28/2011

 

If you look closely at the data there is little difference in the Orange County and the Los Angeles County average days on the market.  Now look a Riverside County especially in homes above $700,000 it take over (on average) 287 days to sell a home.

If you have a luxury home in Riverside county it is going to take a long time to sell and there will be a lot of price reductions.

Inventor Snapshot

We 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 August 28, 2011
  Average List Price Median List Price Average Days On Market
Los Angeles County, CA
Single Family under $600K $312,249 $298,860 109
Single Family over $600K $1,130,819 $795,000 149
Condo/Townhome under $400K $213,379 $205,000 113
Condo/Townhome over $400K $624,232 $574,000 136
Orange County, CA
Single Family under $1M $551,990 $529,000 105
Single Family over $1M $3,005,505 $1,875,000 149
Condo/Townhome under $600K $298,894 $285,000 113
Condo/Townhome over $600K $1,090,335 $830,000 140
Riverside County, CA
Single Family under $700K $221,115 $189,900 154
Single Family over $700K $1,085,175 $899,999 287
Condo/Townhome under $150K $93,780 $89,999 150
Condo/Townhome over $150K $242,100 $215,000 111
San Bernardino County, CA
Single Family under $700K $233,873 $194,500 120
Single Family over $700K $1,340,247 $995,000 142
Condo/Townhome under $200K $135,126 $130,000 127
Condo/Townhome over $200K $257,195 $229,900 107
If you know someone who is considering buying or selling a home, please give us a call. We will provide professional & courteous service along with knowledgeable guidance through the process.


close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Real Estate Market Trends
Location:
California Orange County
Groups:
RealtorsĀ®
Posts to Localism
Orange County Real Estate
Market Reports
Agents who want REFERRALS!
Tags:
housing inventory snapshot

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
718,098
Elite Home Sales Team
Keller Williams Realty - San Clemente, CA
A Tenacious and Skilled Real Estate Team

Those are really interesting statistics and they really show a big difference.

Sep 04, 2011 02:35 AM #1
Rainmaker
876,031
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

Mark

This may be the biggest difference I have seen.

Sep 04, 2011 10:01 AM #2
Post a Comment
Spam prevention
Show All Comments
Rainmaker
876,031

Tim Lorenz

949 874-2247
Call me for Real Estate Investment Ideas
*
*
*
Spam prevention

Additional Information