Housing Inventory Snapshot 8/28/2011

By
Real Estate Agent with TIM LORENZ of Keller Williams Realty 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.


Posted by

Tim Lorenz

Instant MLS Listings & Free Market Analysis

"We have actually closed many short sales!"

www.markandtim.com

949-874-2247

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the envelope to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
Real Estate Market Trends
Location:
California Orange County
Groups:
Agents who want REFERRALS!
Market Reports
Orange County Real Estate
Posts to Localism
Realtors®
Tags:
housing inventory snapshot

Comments 2 New Comment

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the magnifying-glass to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
636,576
Elite Home Sales Team
Tenacious and skilled real estate team
Keller Williams Realty

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

September 04, 2011 02:35 AM
Rainmaker
791,097
Tim Lorenz
949 874-2247
TIM LORENZ of Keller Williams Realty

Mark

This may be the biggest difference I have seen.

September 04, 2011 10:01 AM
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the camera to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainmaker
791,097

Tim Lorenz

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

Accessibility option: listen to a question and answer it!

To submit the form,
drag the tshirt to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information

A real estate professional and investor for over 43 yrs look at the market, the laws, the trends and the condition of the market. A runing commentary of one persons professional's opinion.