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Southern California Market Update

By
Real Estate Agent with TIM LORENZ - Elite Home Sales Team DRE# 00919781

Southern California Market Update

This is the final Southern California 4 county snapshot for 2011 have a happy New Year.

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 December 31, 2011
  Average List Price Median List Price Average Days On Market
Los Angeles County, CA
Single Family under $600K $300,337 $285,000 120
Single Family over $600K $1,185,783 $768,888 194
Condo/Townhome under $400K $198,590 $190,000 134
Condo/Townhome over $400K $602,704 $549,000 130
Orange County, CA
Single Family under $1M $529,707 $499,000 126
Single Family over $1M $3,158,083 $1,899,000 177
Condo/Townhome under $600K $286,686 $269,000 124
Condo/Townhome over $600K $1,121,399 $859,500 157
Riverside County, CA
Single Family under $700K $219,713 $190,000 162
Single Family over $700K $1,612,808 $1,029,000 274
Condo/Townhome under $150K $83,292 $77,500 149
Condo/Townhome over $150K $232,263 $199,900 142
San Bernardino County, CA
Single Family under $700K $224,908 $185,000 138
Single Family over $700K $1,617,217 $1,249,000 157
Condo/Townhome under $200K $135,567 $146,350 145
Condo/Townhome over $200K $254,483 $229,000 105
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.