July 2014 Real Estate Price Report

July 2014 Real Estate Price Report

I hope you will find the following snapshot of local Real Estate inventory interesting! Each month I like to put together a report to let people know what the market is doing in the LA and Orange County area. All information is pulled from the MLS so you can have confidence that these numbers are reliable and accurate.

Statistics For Single Family Orange County Homes Under One Million:
The average list price for a home under one million is- $649,900
The average time on the market for a home under one million is- 84 days

Statistics For Single Family Orange County Homes Over One Million:
The average list price for a home over one million is- $2,946,889
The average time on the market for a home over one million is- 119 days

Statistics For Single Family LA Homes Under One Million:
The average list price for a home under one million is- $449,900
The average time on the market for a home under one million is- 89 days

Statistics For Single Family LA Homes Over One Million:
The average list price for a home over one million is- $2,510,667
The average time on the market for a home over one million is- 83 days

Mortgage Rates:
30 year fixed 4.17%
30 year Jumbo 4.35%
15 year fixed 3.21%

AREA REPORT:

If you would like to know the average price of homes in a specific area (Newport Heights, Downtown Huntington, Mesa Verde etc.) or city (Newport Beach, Huntington Beach, Costa Mesa etc.) please email me to let me know. I would be more than happy to put together a custom report for you!

Malakai Sparks
malakai@tmsg.me
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