Monday, July 28, 2008

City of South Gate California Home Sales Statistics For April 2008

New Listings: 73

Average Listing Price: $ 354,831

Under Contract: 15

Average Listing Price: $ 311,226

Sold Listigs: 14

Average Listing Price: $ 347,182

% Sales Price Versus Listing Price: 94.58%

% Sales Price Versus Old Listing Price: 82.88%

Average Days on The Market: 85

City of South Gate California Home Sales Statistics For March 2008

New Listings: 55

Average Listing Price: $ 364,612

Under Contract: 11

Average Listing Price: $ 351,013

Sold Listigs: 18

Average Listing Price: $ 3437,563

% Sales Price Versus Listing Price: 92.75%

% Sales Price Versus Old Listing Price: 85.49%

Average Days on The Market: 127

City of Southgate California Real Estate Home Sales Statistics For February 2008

New Listings: 50

Average Listing Price: $ 391,688

Under Contract: 172

Average Listing Price: $ 351,552

Sold Listigs: 10

Average Listing Price: $ 348,850

% Sales Price Versus Listing Price: 95.09%

% Sales Price Versus Old Listing Price: 85.74%

Average Days on The Market: 86

Friday, July 25, 2008

Home Prices Fell In Los Angeles County

June home prices fell more than 29% from 2007 and sales remained low. Foreclosures have been flooding the market and pushing down the median home price from $502,000 in June 2007 to $355,000. The median price fell 4 percent from May.

Prices fell 23% percent drop in Los Angeles County, from $545,000 to $415,000. That means a house purchased just a year ago lost $130,000 in value. Foreclosure sales in June accounted for 41 percent of transactions. That compares with 7 percent a year earlier and 39 percent in May.

In the San Fernando Valley and Pasadena, prices have fallen by just 10 percent to
15 percent. Leslie Appleton-Young, vice president and chief economist at the California Association of Realtors, says you almost have to do a street-by-street canvass to get an accurate take on prices.

Prospective buyers are finding very difficult to get mortgage financing since lenders have tightened their guidelines, but that doesn't deter first time buyers and investors as well.

Sales hit a 10-month high of 17,424 transactions in June, the sixth consecutive month they've increased. Leslie Appleton-Young said statewide sales appear to have bottomed out last October and have increased every month since then.

In Los Angeles County, sales fell an annual 25 percent, to 5,678 transactions. However, they've increased every month since January and they will probably keep the same pace for the rest of the summer.

The average monthly mortgage payment dipped to $1,671 last month, compared with $1,713 in May and $2,430 from June 2007.

Thursday, July 10, 2008

City of Santa Monica California Home Sales Statistics For April 2008

New Listings: 5

Average Listing Price: $ 676,960

Under Contract: 2

Average Listing Price: $ 1,107,000

Sold Listigs: 1

Average Listing Price: $ 660,000

% Sales Price Versus Listing Price: 94.42%

% Sales Price Versus Old Listing Price: 94.42%

Average Days on The Market: 61

Technorati Profile

City of Santa Monica California Home Sales Statistics For March 2008

New Listings: 3

Average Listing Price: $ 741,566

Under Contract: 0

Average Listing Price: $ 0

Sold Listigs: 2

Average Listing Price: $ 689,000

% Sales Price Versus Listing Price: 100.01%

% Sales Price Versus Old Listing Price: 100.01%

Average Days on The Market: 79

City of Santa Monica California Home Sales Statistics For February 2008

New Listings: 3

Average Listing Price: $ 2,096,000

Under Contract: 0

Average Listing Price: $ 0

Sold Listigs: 1

Average Listing Price: $ 795,000

% Sales Price Versus Listing Price: 91.48%

% Sales Price Versus Old Listing Price: 91.48 %

Average Days on The Market: 86

Monday, July 07, 2008

City of San Pedro California Home Sales Statistics For April 2008

New Listings: 22

Average Listing Price: $ 435,686

Under Contract: 7

Average Listing Price: $ 454,285

Sold Listigs: 4

Average Listing Price: $ 508,625

% Sales Price Versus Listing Price: 98.87 %

% Sales Price Versus Old Listing Price: 97.87 %

Average Days on The Market: 36

City of San Pedro California Home Sales Statistics For March 2008

New Listings: 17

Average Listing Price: $ 470,035

Under Contract: 2

Average Listing Price: $ 584,950

Sold Listigs: 8

Average Listing Price: $ 335,156

% Sales Price Versus Listing Price: 89.78 %

% Sales Price Versus Old Listing Price: 81.61 %

Average Days on The Market: 86

City of San Pedro California Home Sales Statistics For February 2008

New Listings: 16

Average Listing Price: $ 500,406

Under Contract: 5

Average Listing Price: $ 379,239

Sold Listigs: 7

Average Listing Price: $ 471,985

% Sales Price Versus Listing Price: 94.00 %

% Sales Price Versus Old Listing Price: 89.51 %

Average Days on The Market: 97

Wednesday, July 02, 2008

City of San Fernando California Home Sales Statistics For April 2008

New Listings: 61

Average Listing Price: $ 345,198

Under Contract: 23

Average Listing Price: $ 331,897

Sold Listigs: 14

Average Listing Price: $ 347,714

% Sales Price Versus Listing Price: 97.29 %

% Sales Price Versus Old Listing Price: 85.77 %

Average Days on The Market: 123

City of San Fernando California Home Sales Statistics For March 2008

New Listings: 45

Average Listing Price: $ 336,141

Under Contract: 13

Average Listing Price: $ 317,260

Sold Listigs: 5

Average Listing Price: $ 331,780

% Sales Price Versus Listing Price: 97.04 %

% Sales Price Versus Old Listing Price: 84.09 %

Average Days on The Market: 57

City of San Fernando California Home Sales Statistics For February 2008

New Listings: 42

Average Listing Price: $ 351,302

Under Contract: 9

Average Listing Price: $ 370,325

Sold Listigs: 0

Average Listing Price: $ 0

% Sales Price Versus Listing Price: 0 %

% Sales Price Versus Old Listing Price: 0 %

Average Days on The Market: 0