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.


Tim Lorenz

Instant MLS Listings & Free Market Analysis

"We have actually closed many short sales!"

www.markandtim.com

949-874-2247

 
Posted by Tim Lorenz - 949 874-2247 on 09/04/2011 01:22 AM   Comments (2)   Four County Housing Snapshot in the Real Estate Market Channel   housing inventory snapshot  
Originally posted at: Tim's Blog: Housing Inventory Snapshot 8/28/2011
Short URL: http://actvra.in/mYQ
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2 Comments on Housing Inventory Snapshot 8/28/2011

SEP
04
2011
517,106 Points Outside Blog Called Shot Master

Those are really interesting statistics and they really show a big difference.
2:35am • #1
656,632 Points 2 Featured Posts Outside Blog Attended Rain Camp Called Shot Master

Mark

This may be the biggest difference I have seen.
10:01am • #2


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Tim Lorenz - 949 874-2247

Mission Viejo, CA

More about me…

TIM LORENZ of Keller Williams Realty

Address: 27101 Puerta Real, Suite 150, Mission Viejo, CA, 92691

Office Phone: (949) 282-2521

Cell Phone: (949) 874-2247

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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.


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