How’s the Market? July 2018 Snapshot

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.

If you are keeping up with my monthly reports you’ll notice that we are seeing a slight softening of the market in the past 30 days. What does that mean? Well, in the simplest of interpretation it means that we have more homes available for sale than last month and the homes that are being sold are staying on the market longer and selling at slightly lower prices. Again, I’d like to emphasize that this is a SLIGHT softening! No need to run for the hills yet. If you have had thoughts of selling and are just curious to see what your home would sell for today give me a call. I would be more than happy to prepare a quick, easy to understand, analysis of your home. Don’t be caught off guard, make sure you know what is going on with what is likely the biggest investment you’ll ever make!

Housing Inventory Snapshot July 28, 2018
Average List Price 30 Days Trend Median List Price 30 Days Trend Average DOM: active/sold 30 Days Trend Number of Listings
San Bernardino County, CA
Single Family $330,142 -0.90% $328,000 -0.30% 65 / 45 1 / 5 3,812
Luxury Single Family $950,353 -1.66% $739,900 -1.33% 99 / 52 0 / -2 1,264
Condo/Townhome $316,034 1.62% $339,900 1.49% 48 / 31 3 / 1 219
Luxury Condo/Townhome $549,744 4.57% $515,000 5.10% 54 / 54 3 / 22 71
Riverside County, CA
Single Family $412,938 -1.31% $410,000 -1.20% 68 / 52 1 / 2 5,500
Luxury Single Family $1,380,812 -7.61% $949,900 -4.82% 128 / 138 -1 / -22 1,787
Condo/Townhome $273,226 0.83% $279,000 0.00% 101 / 75 9 / 2 758
Luxury Condo/Townhome $562,053 0.33% $505,000 1.02% 129 / 94 6 / 0 250
Orange County, CA
Single Family $1,000,165 -1.75% $899,000 -1.75% 57 / 36 2 / 0 3,416
Luxury Single Family $4,807,038 -2.86% $3,200,000 -3.03% 110 / 121 2 / 22 1,132
Condo/Townhome $520,386 -1.02% $514,500 -0.87% 43 / 29 0 / 2 1,443
Luxury Condo/Townhome $1,388,313 -4.74% $1,095,000 -4.78% 80 / 45 4 / -13 452
Los Angeles County, CA
Single Family $795,427 -3.18% $689,900 -1.44% 54 / 36 1 / 0 7,897
Luxury Single Family $5,574,955 -0.39% $3,295,000 0.00% 87 / 82 1 / -17 2,504
Condo/Townhome $548,776 0.66% $529,000 0.76% 46 / 31 1 / 0 2,071
Luxury Condo/Townhome $2,021,007 2.06% $1,499,000 3.74% 68 / 51 -6 / -4 667

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 throughout the process.

Regards,

Yesenia Ruvalcaba-Garcia
Broker, BRE 01293970
626-252-0839

Yesenia@NewCenturyBroker.com
www.NewCenturyBroker.com
www.CovinaRealEstate.com 

If you wish to be removed from my mailing lists please click here.

HUD Home Photo Brochure for the week of 5-15-2018

We have seen an awesome upswing of available HUD homes for sale in Southern California! Take a look at what’s available and give me a call if you would like to schedule an appointment to take a look at one of these or would like to bid on one.

Call/Text: (626) 252-0839

Email: Yesenia@NewCenturyBroker.com

123

How’s the Market??? Snapshot for April 2015- 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.

Housing Inventory Snapshot April 30, 2015
Average List Price 30 Days Trend Median List Price 30 Days Trend Average DOM: active/sold 30 Days Trend Number of Listings
Los Angeles County, CA
Single Family under $750K $466,241 2.32% $479,000 3.01% 64 / 92 0 / 1 2444
Single Family over $750K $3,299,667 0.81% $1,749,000 N/A** 74 / 85 -4 / -6 2944
Condo/Townhome under $450K $315,463 0.21% $325,000 N/A** 60 / 87 -15 / 4 675
Condo/Townhome over $450K $1,075,735 -1.09% $749,000 1.42% 69 / 79 -3 / -6 1091
Riverside County, CA
Single Family under $300K $220,717 -0.03% $232,900 2.60% 110 / 106 8 / 1 362
Single Family over $300K $947,126 -2.32% $555,000 -2.37% 105 / 120 -1 / 9 658
Condo/Townhome under $200K $137,093 -1.21% $139,000 -4.14% 88 / 119 -1 / 2 140
Condo/Townhome over $200K $372,285 8.79% $315,000 5.35% 102 / 116 -6 / 27 235
San Bernardino County, CA
Single Family under $700K $270,918 1.66% $239,000 3.69% 203 / 153 22 / 18 273
Single Family over $700K $1,418,452 -2.89% $999,000 -16.05% 368 / 264 12 / 194 39
Condo/Townhome under $450K $244,557 4.03% $239,000 4.37% 94 / 75 3 / -29 14
Orange County, CA
Single Family under $1M $550,958 7.56% $598,000 15.00% 67 / 105 1 / -10 77
Single Family over $1M $2,279,320 -11.24% $1,700,000 13.33% 204 / 133 13 / 31 18
Condo/Townhome under $600K $370,637 0.57% $365,000 -8.29% 62 / 109 -24 / 7 34
Condo/Townhome over $600K $870,381 N/A** $765,000 N/A** 130  / N/A** 0 / N/A** 11
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
www.newcenturybroker.com
New Century Realtors

1681 Vejar St, Pomona CA 91766 is For Sale! HUD Home!

Listings to Leads – eFlyers

<!–


View the Property Details, More Photos, Map & School
information here at the updated Property Website!

1681 Vejar Street Pomona, CA
$ click for current price

$372,000 | 4 BEDROOMS | 2 (1 full, 1 half ) BATHROOMS | 1667 SQUARE FEET
Amazing opportunity! Great 4 bed 1.5 bath home available for owner occupant bids from 03/19/14-03/29/15. Bring your paint brush and tool belt to spruce up this diamond in the rough. This home boasts a spacious living room with fireplace, large kitchen that needs a little TLC, separate family room, 3 large bedrooms and a master suite! Conveniently located just minutes from shopping, parks, schools, and with easy access to the 71/10/60/57FWYs this home is perfect for you! Home is in sold “AS IS” condition.


All information deemed reliable but not guaranteed. Not intended as a solicitation if you are currently working with a Broker.

219 N. Palm Ave, Alhambra, CA Listed for Sale

 

 

English: a welcome sign sr:Слика:Alhambra

Location! Location! Location! Whimsy 2 Bedroom 1 3/4 bath Alhambra home located across the street from Alhambra Park and within walking distance to California Distinguished School and shopping centers, adjacent to San Marino and South Pasadena. Complete white picket fence, this beautiful home in the heart of Alhambra’s Historic District is sure to be the perfect place to call home. A spacious living room greets you with original hardwood floors, an extra large bay window for tons of natural light, recessed lighting, and its original Batchelder Fireplace, a true architectural masterpiece. Adjacent to the living room you’ll find a full bath and the updated kitchen complete with granite countertops, spacious cabinetry, large double sink and breakfast nook. You’ll love the extra privacy that the downstairs bedrooms bring to the home. Downstairs you’ll find 2 spacious bedrooms, 1 with 2 extra large closets and 1 with a walk-in closet that could hold all of your family’s clothing! Downstairs you’ll also find a 3/4 bath and laundry room for everyone’s convenience. You must see this home to appreciate its beauty and potential.

 

 

 

 

Enhanced by Zemanta

National Housing Market Statistics: Prices Up, Sales Down

Home prices are on the rise. While this isn’t the best news for home buyers, it’s good news for sellers who are looking to gain some home equity. Year over year home prices across the nation rose 9.1 percent. February’s median existing-home price was $189,000. According to the National Association of Realtors’ economists, price increases over the past three years have contributed an additional $4 trillion to the housing wealth recovery.

Moving On Up
Every region of the country posted price increases in February. The Northeast saw the smallest increase, a climb of 1.5 percent from February 2013 to February 2014. The median price in the Midwest rose 8.6 percent from last year, while the South posted an increase of 8.3 percent. But the West takes the prize for the biggest increase; year over year prices rose a staggering 18 percent, a welcome sign for sellers looking to cash in on their biggest investment.

Down, But Not For Long
While sellers might enjoy it, higher home prices have a negative impact on housing affordability. That, along with severe weather, restricted inventory, and strict mortgage lending standards, led to a drop in February’s total existing-home sales of 7.1 percent from the same time last year. But economists with NAR expect sales to turn around this year. Delayed sales should start to close in the upcoming months, and an expected improvement in the job market should lead to modest increases in existing-home sales.

Sales, Regionally
Existing-home sales in the West were down 10.1 percent below February 2013. The Northeast and the Midwest also saw fewer sold signs, with sales 12.7 percent and 12.3 percent below a year ago, respectively. Sales in the South were relatively unchanged; existing-home sales fell only 0.5 percent year over year.

Homes Sold Faster
Homes were selling faster this February, when the median time on market was 62 days. At the same time last year, homes would sit on the market for a median time of 74 days.

Upside of Equity
The rise in home prices and the accompanying increase in home equity impacted the number of distressed homes on the market. Foreclosures and short sales represented only 16 percent of the market in February, down from 25 percent at the same time last year. With fewer distressed homes on the market, home prices rising and homes selling faster, buyers looking for deals should start their house hunt now.

When you are ready to get help with your San Gabriel Valley area home Call The Ruvalcaba Group at 626.252.0839 and let us do all the work for you! 

Photo: © Steve Debenport – iStockphoto