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July's Southern California Snapshot of Real Estate Statistics

By
Real Estate Agent with Elite Home Sales Team OC BRE# 02066030

July's Southern California Snapshot of Real Estate Statistics

Each month we put out a snapshot of 4 counties in Southern CA. This is the report for July.


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 July 28, 2012
  Average List Price Median List Price Average Days On Market
Los Angeles County, CA
Single Family under $750K $385,201 $350,000 85
Single Family over $750K $2,839,412 $1,495,000 103
Condo/Townhome under $450K $260,170 $250,000 97
Condo/Townhome over $450K $1,024,643 $699,500 95
Orange County, CA
Single Family under $1M $617,089 $599,900 78
Single Family over $1M $3,163,924 $1,925,000 131
Condo/Townhome under $600K $320,804 $305,900 78
Condo/Townhome over $600K $1,083,312 $825,000 115
Riverside County, CA
Single Family under $300K $191,664 $192,100 92
Single Family over $300K $897,426 $549,365 148
Condo/Townhome under $200K $127,954 $129,000 125
Condo/Townhome over $200K $365,455 $312,000 144
San Bernardino County, CA
Single Family under $700K $240,850 $200,000 128
Single Family over $700K $1,539,822 $1,188,000 185
Condo/Townhome under $450K $173,687 $179,900 87
Condo/Townhome over $450K N/A** N/A** N/A**
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.
 

Comments (14)

Harrison K. Long
HomeSmart, Evergreen Realty - Irvine, CA
REALTOR , GRI, Broker associate, Attorney

I like your housing inventory shapshot for July 28, 2012 - Even though your chart doesn't show it, Orange County CA buyers and real estate markets are short on listings, especially those priced under $800k.

Aug 07, 2012 02:57 PM
Al & Peggy Cunningham, Brokers
RE/MAX West Realty Inc., Brokerage - Brampton, ON
Our Family Wants To Help Your Family!

Very interesting snapshot there. We are sure buyers and sellers alike in those areas, find it very informative and useful.

Aug 08, 2012 02:35 AM
Tim Lorenz
TIM LORENZ - Elite Home Sales Team - Mission Viejo, CA
949 874-2247

It is really good to see what is happening in surrounding counties.

Aug 08, 2012 02:39 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Harrison

You are correct there are very few properties on the market right now.

Aug 08, 2012 03:35 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Thank you Al and Peggy

Aug 08, 2012 03:36 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Tim I agree we need to get a longer look so we can gage trends.

Aug 08, 2012 03:36 AM
Daniel J. Brudnok, REALTOR
Berkshire Hathaway Home Services Fox & Roach, REALTORS - Exton - PA License #RS-225179-L / Delaware License #RS-0025038 - Downingtown, PA
SRES, e-PRO,ABR,GREEN,CSP

Mark,

You and Tim have the market stats covered and can see why you are Leaders......keep it up.

Aug 08, 2012 10:17 PM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Thank you Dan we are always working smart in our area.

Aug 09, 2012 02:10 AM
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Great area in southern California.  Lots of sun and beautiful views of ocean and mountains.

Aug 10, 2012 01:19 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

I do agree Mary we love it here.

Aug 10, 2012 02:32 AM
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Mark great report and echoing Harrison and a few others lack of inventory is a problem in Los Angeles as well!

Aug 11, 2012 05:30 AM
Roy Kelley
Retired - Gaithersburg, MD

Good report.  It is the perfect time to take advantage of the very low mortgage interest rates.

 

Have an outstanding weekend with your camera in hand.

 

Aug 11, 2012 06:27 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Endre

Thank you.  Looks like we are in a recovery.

 

Aug 11, 2012 10:28 AM
Elite Home Sales Team
Elite Home Sales Team OC - Corona del Mar, CA
A Tenacious and Skilled Real Estate Team

Thank you Roy I will have a wonderful weekend.

Aug 11, 2012 10:30 AM