Sold In Solera Oak Valley Greens, January 2013

Sold In Solera Oak Valley Greens, January 2013

DURING THE MONTH OF JANUARY, 2013

By Diana Mangan

The median home price nationwide saw its biggest jump in seven years last quarter as for-sale inventory hit its lowest level in 12 years, according to a quarterly report from the National Association of Realtors.

“Nationally, the median sales price jumped 10 percent on an annual basis, to $178,900 -- the strongest annual price increase since fourth-quarter 2005 when the median rose 13.6 percent”, NAR said.

"Home sales are on a sustained uptrend; mortgage interest rates are hovering near record lows; and unsold inventory is at the lowest level in 12 years," said Lawrence Yun, NAR's chief economist, in a statement. NAR said some of the price growth could be attributed to a shrinking share of lower-priced homes.

Unsold inventory of existing homes is down 21.6 percent year over year. That's the lowest level since January 2001, the report said.

Solera’s inventory of homes for sale is down as well. When I wrote this article there were only nine homes for sale.  Like many other communities in southern California, prices are going up in Solera! The highest “SOLD” prices in recent months were:

PRINCESS:  $149,900

TRILLION:  $197,500

EMERALD: $240,000

Solera Oak Valley Greens offers three spectacular floor plans. Solera Oak Valley Greens home choices include the 1,392 sq-ft Solera Princess plan, the 1,687 sq-ft Solera Trillion plan, or the 2,137 sq-ft Solera Emerald plan. All Solera homes feature 2 bedrooms, 2 baths, a den, along with a nicely sized great room and a relaxing covered patio! 

December sales remained stong in Solera. The following homes were sold in Solera Oak Valley Greens during the month of January 2013.

 

Solera • Solera Oak Valley Greens • Homes Sold In Solera Oak Valley Greens • Solera Real Estate • January 2013