Our Market Condition
Looking For A Realtor To Market Your REOs?
(909) 476-9600
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 at or near record levels, 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 |
Sep-07 |
Sep-08 |
%Chng |
Sep-07 |
Sep-08 |
%Chng |
|
Los Angeles |
4,361 |
6,274 |
43.90% |
$525,000 |
$360,000 |
-31.40% |
|
Orange |
1,643 |
2,667 |
62.30% |
$570,000 |
$425,000 |
-25.40% |
|
Riverside |
2,208 |
4,551 |
106.10% |
$375,500 |
$237,500 |
-36.80% |
|
San Bernardino |
1,509 |
2,831 |
87.60% |
$325,000 |
$205,000 |
-36.90% |
|
San Diego |
2,152 |
3,366 |
56.40% |
$470,000 |
$328,000 |
-30.20% |
|
Ventura |
582 |
808 |
38.80% |
$545,500 |
$385,000 |
-29.40% |
|
SoCal |
12,455 |
20,497 |
64.60% |
$462,000 |
$308,500 |
-33.20% |
