How’s the Market??? Snapshot for February 2016- Real Estate Market Trends

Here is this month’s How’s the Market??? Snapshot. If you saw last month’s Snapshot you will notice that our local real estate trends show median prices are still creeping up, its just taking a little longer for homes to sell! If Hows the market imageyou would like more detailed information about how much your home is now worth after the Real Estate Crash, send me an email, text, or call me. I’ll be more than happy to provide you with a Free, no obligation report of what its worth and things you can do to improve the value of your home.

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 February 26, 2016
Average List Price 30 Days Trend Median List Price 30 Days Trend Average DOM: active 30 Days Trend Number of Listings
Los Angeles County, CA
Single Family under $1M $551,903 0.65% $529,000 0.76% 72 -6 6931
Single Family over $1M $3,634,805 -1.06% $2,089,000 -0.29% 93 -12 4344
Condo/Townhome under $600K $386,924 1.03% $388,000 3.47% 63 -5 1895
Condo/Townhome over $600K $1,283,823 -1.49% $898,888 -0.01% 64 -13 1159
Riverside County, CA
Single Family under $500K $330,082 0.47% $334,000 1.21% 85 -3 6022
Single Family over $500K $1,591,204 5.38% $920,000 3.95% 107 -6 5278
Condo/Townhome under $300K $206,576 -0.69% $214,500 -1.11% 108 4 1274
Condo/Townhome over $300K $537,464 2.61% $449,000 3.46% 90 -3 1398
San Bernardino County, CA
Single Family under $500K $286,502 0.48% $280,000 0.00% 98 -8 4520
Single Family over $500K $1,776,860 6.40% $965,000 7.46% 107 -15 2995
Condo/Townhome under $300K $199,155 1.72% $215,000 0.00% 82 -8 211
Condo/Townhome over $300K $648,741 4.65% $549,500 9.90% 47 -13 549
Orange County, CA
Single Family under $1M $731,269 2.53% $723,888 3.49% 68 -9 3806
Single Family over $1M $3,642,413 -3.40% $2,295,000 -2.34% 109 -20 2187
Condo/Townhome under $600K $404,906 0.18% $410,000 0.02% 60 -8 1203
Condo/Townhome over $600K $1,067,181 0.24% $824,900 -2.84% 59 -14 697
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.
Sincerely,
Yesenia E. Ruvalcaba-Garcia, Broker
Realtor®/HUD REO & Listing Specialist
Direct (626) 252-0839
Office (626) 917-6200 ext. 14
Cell Phone (626) 252-0839
Fax (626) 209-8318
CalBRE License Number: 01293970
yeseniaruvalcaba@aol.com
newcenturybroker.com
New Century Realtors

Thoughts?

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s