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

How’s the Market??? Snapshot for January 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 January 28, 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 $548,365 0.97% $525,000 0.98% 78 -9 6917
Single Family over $1M $3,673,722 0.35% $2,095,000 4.80% 105 -12 3811
Condo/Townhome under $600K $382,973 2.99% $375,000 2.74% 68 -15 1819
Condo/Townhome over $600K $1,303,293 -1.33% $899,000 -0.99% 77 -14 1025
Riverside County, CA
Single Family under $500K $328,553 0.61% $329,999 0.30% 88 -5 5989
Single Family over $500K $1,509,915 4.94% $885,000 4.12% 114 -7 4791
Condo/Townhome under $300K $208,009 0.29% $216,900 -0.96% 104 -7 1255
Condo/Townhome over $300K $523,772 2.12% $434,000 2.36% 93 -10 1252
San Bernardino County, CA
Single Family under $500K $285,132 0.97% $280,000 0.00% 106 -6 4489
Single Family over $500K $1,670,016 9.88% $898,000 6.27% 122 -12 2617
Condo/Townhome under $300K $195,791 -2.94% $215,000 -1.83% 90 -11 206
Condo/Townhome over $300K $619,905 3.84% $500,000 4.18% 60 -19 475
Orange County, CA
Single Family under $1M $713,244 1.85% $699,500 1.52% 77 -10 3533
Single Family over $1M $3,770,515 0.38% $2,350,000 0.21% 129 -9 1795
Condo/Townhome under $600K $404,170 2.53% $409,900 3.02% 67 -13 1091
Condo/Townhome over $600K $1,064,625 -2.21% $849,000 -0.12% 73 -14 591
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

How’s the Market??? Snapshot for December 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.

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 December 28, 2015
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 $543,078 -1.54% $519,900 -1.87% 87 12 6661
Single Family over $1M $3,661,066 3.17% $1,999,000 0.20% 117 17 3428
Condo/Townhome under $600K $371,852 -2.21% $365,000 -2.67% 84 12 1754
Condo/Townhome over $600K $1,320,911 4.47% $908,000 1.00% 91 15 957
Riverside County, CA
Single Family under $500K $326,576 -0.26% $329,000 -0.27% 93 9 5819
Single Family over $500K $1,438,772 4.03% $850,000 0.00% 121 17 4307
Condo/Townhome under $300K $207,413 1.45% $219,000 4.29% 111 6 1135
Condo/Townhome over $300K $512,907 -1.44% $424,000 -1.37% 103 17 1104
San Bernardino County, CA
Single Family under $500K $282,395 -0.60% $280,000 0.00% 112 8 4537
Single Family over $500K $1,519,794 5.99% $845,000 -0.47% 134 24 2399
Condo/Townhome under $300K $201,717 1.17% $219,000 1.86% 101 10 233
Condo/Townhome over $300K $597,003 -0.99% $479,950 -4.01% 79 22 375
Orange County, CA
Single Family under $1M $700,285 -1.36% $689,000 -1.43% 88 13 3249
Single Family over $1M $3,756,405 6.13% $2,345,000 5.16% 139 21 1634
Condo/Townhome under $600K $394,185 -1.33% $397,900 -0.50% 80 11 1033
Condo/Townhome over $600K $1,088,670 3.93% $850,000 1.80% 87 11 531
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

How’s the Market??? Snapshot for October 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 October 28, 2015
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 $547,138 0.44% $525,000 0.02% 72 3 7663
Single Family over $1M $3,566,985 2.71% $1,995,000 1.01% 93 4 3695
Condo/Townhome under $600K $377,970 -0.13% $374,900 -0.03% 69 4 2121
Condo/Townhome over $600K $1,317,750 -2.24% $899,000 0.00% 73 0 1094
Riverside County, CA
Single Family under $500K $326,551 0.35% $329,000 1.23% 79 0 6236
Single Family over $500K $1,129,965 5.50% $749,900 2.87% 118 -6 3150
Condo/Townhome under $300K $200,242 1.84% $207,500 3.75% 115 -7 1009
Condo/Townhome over $300K $461,701 -1.28% $399,000 -0.13% 107 -15 753
San Bernardino County, CA
Single Family under $500K $281,483 -0.21% $279,000 0.00% 99 0 5010
Single Family over $500K $1,004,534 0.57% $689,000 -0.13% 136 4 1510
Condo/Townhome under $300K $197,390 0.70% $214,900 1.37% 94 7 266
Condo/Townhome over $300K $447,206 -2.43% $380,000 1.63% 74 0 189
Orange County, CA
Single Family under $1M $715,782 -0.65% $699,990 -0.00% 77 5 3485
Single Family over $1M $3,637,516 0.03% $2,275,000 1.11% 118 3 1468
Condo/Townhome under $600K $387,777 -0.80% $395,000 -1.00% 72 4 1245
Condo/Townhome over $600K $1,042,494 1.70% $823,888 4.42% 74 0 528
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

National Data Shows a Stronger Housing Market

1-626-252-0839 Sell While the Market is HOTT!

What’s Your Home Worth? Find out Now!

The June 2015 buying season was the strongest one since the economic downturn, with sales increasing to their highest pace in 8 years. This was the sixth month in a row that national home sales increased year over year. What’s more, all regions of the country saw sales gains in June. Existing-home sales in the Northeast were 4.3 percent higher than a month ago and 12.5 percent higher than a year ago. In the Midwest, sales climbed 4.7 percent from May and were 12.7 percent higher than June 2014. Sales in the South and West rose 2.3 percent and 2.5 percent from a month ago, respectively. When compared with June 2014, sales were up 7.3 percent in the South and 8.8 percent in the West.

From “For Sale” to “Sold” in Record Time
Not only were more homes selling, they were also selling at remarkable speeds. Properties in June remained on the market for an average 34 days, down from 40 days in May. This set the record for the shortest selling time since the National Association of Realtors began tracking the statistic in May 2011. Forty-seven percent of all homes sold in June beat the 34-day sales pace by selling in less than a month.

A Bigger Investment
More buyers were looking for homes, but there were fewer homes available for sale. The high demand and short supply led to an increase in home prices in June, climbing to a national median all-time high of $236,400. In the Northeast, the median price was 3.9 percent higher than a year ago. The Midwest and the South both saw prices climb 7.2 percent higher than June 2014. The West, meanwhile, posted the highest year-over-year gains with 9.9 percent. Unfortunately, the high prices also affected home affordability for prospective buyers because more buyers were competing for higher-priced homes. To boost inventory, more building permits will need to be issued for condominiums and single-family homes.

Builder Confidence Rises
More builders are confident in the current housing market, because of improved job growth and strong sales in both the new and existing home markets. The National Association of Home Builders/Wells Fargo Housing Market Index climbed to a level of 60 in July (a number over 50 indicates there are more builders that see the current market as good, rather than poor.) Builders haven’t been this confident in the market since November 2005. The index that measures builders’ sales expectations for the next 6 months increased two points to 71.

What’s Your Home Worth? Find out Now!

Interested in a step-by-step guide on what is involved when buying a home? Send me an email: Yesenia@NewCenturyBroker.com 

How’s the Market??? Snapshot for August 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 home 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 your home is worth and things you can do to improve the value of your home.

Housing Inventory Snapshot August 31, 2015
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 $547,420 0.06% $525,000 0.00% 67 1 7880
Single Family over $1M $3,349,108 0.62% $1,975,000 -0.65% 88 2 3760
Condo/Townhome under $600K $375,951 0.08% $370,000 0.00% 64 1 2283
Condo/Townhome over $600K $1,349,287 2.48% $899,000 2.16% 73 1 1066
Riverside County, CA
Single Family under $500K $325,279 0.03% $325,000 -0.28% 76 -2 6038
Single Family over $500K $1,067,128 -1.64% $724,900 -0.56% 122 -1 2916
Condo/Townhome under $300K $197,169 -1.98% $202,000 -3.81% 120 0 954
Condo/Townhome over $300K $465,924 0.18% $399,900 0.23% 119 1 658
San Bernardino County, CA
Single Family under $500K $283,466 0.08% $279,800 1.75% 97 3 5101
Single Family over $500K $998,016 -0.08% $685,000 -1.44% 124 5 1648
Condo/Townhome under $300K $199,191 -2.48% $219,000 -2.67% 85 -10 274
Condo/Townhome over $300K $462,180 -1.81% $379,000 -2.82% 68 0 218
Orange County, CA
Single Family under $1M $724,193 -0.73% $700,000 -2.78% 67 2 3825
Single Family over $1M $3,662,249 2.43% $2,200,000 0.23% 110 7 1618
Condo/Townhome under $600K $392,868 -0.72% $399,000 -0.23% 64 3 1397
Condo/Townhome over $600K $1,036,107 0.70% $799,000 0.50% 70 1 599
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

How’s the Market??? Snapshot for June 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 home 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 your home is worth and things you can do to improve the value of your home.
Housing Inventory Snapshot June 30, 2015
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 $547,146 1.58% $528,000 1.73% 66 -4 7545
Single Family over $1M $3,395,155 -1.91% $1,995,000 0.00% 84 2 3645
Condo/Townhome under $600K $370,941 0.62% $365,000 0.00% 61 -6 2292
Condo/Townhome over $600K $1,329,831 2.65% $895,000 -0.44% 75 -1 1079
Riverside County, CA
Single Family under $500K $325,990 -0.03% $325,000 -1.22% 79 -5 5757
Single Family over $500K $1,124,199 -4.52% $749,000 -3.34% 124 -5 3005
Condo/Townhome under $300K $200,079 -0.54% $209,900 -0.05% 115 1 1051
Condo/Townhome over $300K $469,406 -0.47% $399,000 -1.48% 121 8 701
San Bernardino County, CA
Single Family under $500K $280,301 1.60% $270,400 0.52% 95 -2 4866
Single Family over $500K $998,946 -1.90% $690,000 -1.29% 119 -1 1614
Condo/Townhome under $300K $203,284 -0.11% $219,900 -2.22% 87 -8 265
Condo/Townhome over $300K $469,730 0.09% $390,000 -2.26% 71 -1 191
Orange County, CA
Single Family under $1M $733,615 0.16% $725,000 0.00% 64 -1 3542
Single Family over $1M $3,537,459 3.65% $2,200,000 -1.74% 102 4 1632
Condo/Townhome under $600K $387,496 0.80% $390,000 -2.01% 60 1 1324
Condo/Townhome over $600K $1,055,746 2.14% $815,000 2.00% 68 -6 555
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