How’s the Market??? Snapshot for June 2016- Real Estate Market Trends

Here is this month’s How’s the Market??? Snapshot. If you saw last month’s Snapshot you will notice that our local real estate trends show median prices are still creeping up, its just taking a little longer for homes to sell! If you would like more detailed information about how much your home is now worth after the Real Estate Crash, send me an email, text, or call me. I’ll be more than happy to provide you with a Free, no obligation report of what its worth and things you can do to improve the value of your home.
I 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 June 27, 2016 Average List Price 30 Days Trend Median List Price 30 Days Trend Average DOM: active 30 Days Trend Number of Listings Los Angeles County, CA Single Family under $1M $603,548 1.46% $599,000 3.28% 61 0 7894 Single Family over $1M $3,418,896 -3.43% $1,990,000 -0.45% 82 1 6147 Condo/Townhome under $600K $399,871 1.20% $400,000 0.25% 56 -1 2101 Condo/Townhome over $600K $1,161,368 -3.71% $888,000 -1.22% 59 1 1571 Riverside County, CA Single Family under $500K $341,969 0.04% $349,000 0.03% 79 0 5655 Single Family over $500K $1,562,278 -1.81% $939,000 -0.95% 102 1 6359 Condo/Townhome under $300K $206,691 -0.43% $214,900 -0.05% 120 3 1035 Condo/Townhome over $300K $603,547 0.69% $499,000 0.81% 89 -2 1432 San Bernardino County, CA Single Family under $500K $300,429 1.79% $299,900 0.30% 87 -1 4645 Single Family over $500K $1,671,680 -3.16% $975,000 -1.40% 88 0 4613 Condo/Townhome under $300K $197,325 -0.94% $219,800 2.23% 77 -2 223 Condo/Townhome over $300K $701,870 -4.00% $598,000 -4.32% 44 0 819 Orange County, CA Single Family under $1M $781,130 0.21% $770,000 -0.76% 59 2 5238 Single Family over $1M $3,477,692 -1.67% $2,200,888 -4.10% 95 2 3224 Condo/Townhome under $600K $420,328 1.17% $429,000 0.94% 54 1 1485 Condo/Townhome over $600K $1,004,403 -1.77% $799,900 -1.84% 61 3 1038

If you know someone who is considering buying or selling a home, please give me a call. I will provide professional & courteous service along with knowledgeable guidance through the process.

Sincerely, Yesenia E. Ruvalcaba-Garcia, Broker Realtor®/HUD REO & Listing Specialist Direct (626) 252-0839 Office (626) 917-6200 ext. 14 Cell Phone (626) 252-0839 Fax (626) 209-8318 CalBRE License Number: 01293970 yeseniaruvalcaba@aol.com newcenturybroker.com New Century Realtors