Interesting Facts about the Real Estate Market

April 9, 2017

- National Supplies of homes is the thinest it has been in over 20 years.

- San Diego, Boxton, and Seattle are having huge increase in demands, making it a true "Sellers Market."

 

Interesting facts in South OC:

 

- The median house price is $660,000 - up from last year.

 

- Inventory of homes for sale - 4,716 - $1 Mil homes are 44% of the market 

 

- Median house prices are $384 a sq. foot.

 

- Rents are up 5.2% - Feb marked the 78th consecutive month of rent increase.

 

- 30 year fixed mortgage rate is at 4.1%.

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