Our Market Condition
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Looking for a dedicated, experienced team of Real Estate professionals to aggressively market your non-performing assets in this area? Don’t just settle for an Agent!
It’s time to utilize the creative and innovative marketing techniques of an EXECUTIVE, a REALTY EXECUTIVE, to minimize credit losses and increase your company’s profitability. Contact us by email or call us directly at (909) 476-9600 or toll-free at (877) 476-9600.
SOUTHERN CALIFORNIA SALES VOLUME / MEDIAN PRICE
Indicators of market distress continue to move in different directions. Foreclosure activity is off its 2008 peak but remains at historically high levels, while financing with adjustable-rate mortgages is near the all-time low, as is financing with multiple mortgages. Down payment sizes and flipping rates are stable, non-owner occupied buying activity appears flat but might be emerging, MDA Data Quick reported.
|
Sales Volume |
Median Price |
|||||
|
All homes |
Feb-08 |
Feb-09 |
%Chng |
Feb-08 |
Feb-09 |
%Chng |
|
Los Angeles |
3,468 |
4,590 |
32.4% |
$460,000 |
$299,000 |
-35.0% |
|
Orange |
1,471 |
1,879 |
27.7% |
$520,000 |
$375,000 |
-27.9% |
|
Riverside |
2,147 |
3,420 |
59.3% |
$325,000 |
$190,000 |
-41.5% |
|
San Bernardino |
1,242 |
2,324 |
87.1% |
$290,000 |
$153,000 |
-47.2% |
|
San Diego |
1,954 |
2,473 |
26.6% |
$415,000 |
$285,000 |
-31.3% |
|
Ventura |
495 |
545 |
10.1% |
$445,000 |
$327,000 |
-26.5% |
|
SoCal |
10,777 |
15,231 |
41.3% |
$408,000 |
$250,000 |
-38.7% |
Popularity: 1% [?]
