12/29/2007

December 2008 Snapshot of Southern California Housing Inventory

County-wide figures for Los Angeles, Riverside and Orange Counties show longer days on market and list prices overall. Average or median prices may not apply to your specific neighborhood--for a property search by your zip code to see current asking prices as directly reflected in our MLS, click on my property search function in the right column.

December 28, 07
Average List PriceMedian List PriceAverage Days On Market
Los Angeles County, CA
Single Family under $600K$432,967$444,00098
Single Family over $600K$1,109,201$799,000104
Condo/Townhome under $400K$306,846$310,000105
Condo/Townhome over $400K$544,831$495,000103
Orange County, CA
Single Family under $1M$620,083$595,000103
Single Family over $1M$2,342,000$1,695,000129
Condo/Townhome under $600K$382,017$379,000106
Condo/Townhome over $600K$990,403$795,000114
Riverside County, CA
Single Family under $700K$372,495$355,900112
Single Family over $700K$1,166,487$899,000131
Condo/Townhome under $500K$262,638$257,000109
Condo/Townhome over $500KN/AN/AN/A


MORTGAGE. National Averages (December 28, 07)*
30-year fixedRate - 5.84%APR - n/a%
15-year fixedRate - 5.38%APR - n/a%
5/1 ARMRate - 5.55%APR - n/a%

Market Prices in Southern California
* Mortgage rates were collected from publicly available sources (yahoo.com) on the date stated. The accuracy of the information
and the availability of these rates are not guaranteed by the publisher. Rates are provided for informational purposes only and are subject to change without notice. Actual market interest rates may vary.

1 comment:

mark said...

Great article on the real estate happenings, I really enjoy reading your posts. Just for your information, Donald Trump is in big trouble right now with his real estate empire. I hope everyone can pull through this slump!!

Elmo

Real Estate Professional

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