City of Carson California Home Sales Statistics For December 2008

New Listings: 49

Average Listing Price: $ 278,544

Under Contract: 43

Average Listing Price: $ 291,484

Sold Listigs: 21

Average Listing Price: $ 290,885

% Sales Price Versus Listing Price: 101,45%

% Sales Price Versus Old Listing Price: 92.61%

Average Days on The Market: 58

City of Carson California Home Sales Statistics For Noviember 2009

New Listings: 33

Average Listing Price: $ 293,016

Under Contract: 20

Average Listing Price: $ 302,285

Sold Listigs: 24

Average Listing Price: $ 298,659

% Sales Price Versus Listing Price: 97.53%

% Sales Price Versus Old Listing Price: 90.10%

Average Days on The Market: 80

City of Carson California Home Sales Statistics For October 2008

New Listings: 70

Average Listing Price: $ 320,320

Under Contract: 36

Average Listing Price: $ 309,907

Sold Listigs: 23

Average Listing Price: $ 333,839

% Sales Price Versus Listing Price: 96.42%

% Sales Price Versus Old Listing Price: 83.43%

Average Days on The Market: 65

City of Carson California Home Sales Statistics For September 2008

New Listings: 62

Average Listing Price: $ 334,412

Under Contract: 23

Average Listing Price: $ 292,685

Sold Listigs: 34

Average Listing Price: $ 306,011

% Sales Price Versus Listing Price: 98.51%

% Sales Price Versus Old Listing Price: 98.31%

Average Days on The Market: 56

City of Baldwin Park California Home Sales Statistics For November 2008

New Listings: 11

Average Listing Price: $ 269,672

Under Contract: 2

Average Listing Price: $ 228,400

Sold Listigs: 9

Average Listing Price: $ 259,666

% Sales Price Versus Listing Price: 102.17%

% Sales Price Versus Old Listing Price: 97.72%

Average Days on The Market: 44

City of Baldwin Park California Home Sales Statistics For October 2008

New Listings: 11

Average Listing Price: $ 285,722

Under Contract: 9


Average Listing Price: $ 284,211

Sold Listigs: 7

Average Listing Price: $ 216,414

% Sales Price Versus Listing Price: 100.14%

% Sales Price Versus Old Listing Price: 89.55%

Average Days on The Market: 64

City of Baldwin Park California Home Sales Statistics For September 2008

New Listings: 24

Average Listing Price: $ 277,452

Under Contract: 27

Average Listing Price: $ 277,657

Sold Listigs: 9

Average Listing Price: $ 270,622

% Sales Price Versus Listing Price: 98.82%

% Sales Price Versus Old Listing Price: 88.10%

Average Days on The Market: 74

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Photos of Valencia California

City of Valencia California Home Sales Statistics For September 2008

New Listings: 111

Average Listing Price: $ 521,664

Under Contract: 42

Average Listing Price: $ 386,883

Sold Listigs: 74

Average Listing Price: $ 459,159

% Sales Price Versus Listing Price: 97.20 %

% Sales Price Versus Old Listing Price: 93.05 %

Average Days on The Market: 58

City of Valencia California Home Sales Statistics For August 2008

New Listings: 116

Average Listing Price: $ 551,453

Under Contract: 47

Average Listing Price: $ 499,823

Sold Listigs: 73

Average Listing Price: $ 485,030

% Sales Price Versus Listing Price: 97.97 %

% Sales Price Versus Old Listing Price: 92.63 %

Average Days on The Market: 73

City of Valencia California Home Sales Statistics For July 2008

New Listings: 120

Average Listing Price: $ 514,374

Under Contract: 44

Average Listing Price: $ 423,249

Sold Listigs: 91

Average Listing Price: $ 468,172

% Sales Price Versus Listing Price: 98.26 %

% Sales Price Versus Old Listing Price: 85.34 %

Average Days on The Market: 66

City of Valencia California Home Sales Statistics For June 2008

New Listings: 130

Average Listing Price: $ 529,449

Under Contract: 57

Average Listing Price: $ 480,707

Sold Listigs: 82

Average Listing Price: $ 519,139

% Sales Price Versus Listing Price: 97.40 %

% Sales Price Versus Old Listing Price: 91.73 %

Average Days on The Market: 70

City of Valencia California Home Sales Statistics For May 2008

New Listings: 134

Average Listing Price: $ 506,042

Under Contract: 56

Average Listing Price: $ 505,390

Sold Listigs: 82

Average Listing Price: $ 482,838

% Sales Price Versus Listing Price: 97.13 %

% Sales Price Versus Old Listing Price: 91.57 %

Average Days on The Market: 67

City of Canyon Country California Foreclosures, Probates, Short Sales, Notice of Defaults

From 01/01/2008 to 11/24/2008

41 Foreclosures - Bank Owned Homes closed escrow

29 Foreclosed Condos closed escrow

6 Homes were sold on Short Sale

6 Condominios were sold on Short Sale

23 Homes were sold with Notice of Default

11 Condo was sold with Notice of Default

47 Homes sold had Fha Loan

35 Condos sold had Fha Loan

City of Canyon Country California Home Sales Statistics For September 2008

New Listings: 142

Average Listing Price: $ 390,704

Under Contract: 67

Average Listing Price: $ 322,577

Sold Listigs: 86

Average Listing Price: $ 347,848

% Sales Price Versus Listing Price: 97.56 %

% Sales Price Versus Old Listing Price: 91.91 %

Average Days on The Market: 60

City of Canyon Country California Home Sales Statistics For July 2008

New Listings: 141

Average Listing Price: $ 409,817

Under Contract: 64

Average Listing Price: $ 317,491

Sold Listigs: 87

Average Listing Price: $ 347,364

% Sales Price Versus Listing Price: 98.77 %

% Sales Price Versus Old Listing Price: 93.89 %

Average Days on The Market: 62

City of Canyon Country Calfiornia Home Sales Statistics For August 2008

New Listings: 147

Average Listing Price: $ 347,758

Under Contract: 73

Average Listing Price: $ 345,748

Sold Listigs: 86

Average Listing Price: $ 317,973

% Sales Price Versus Listing Price: 97.54%

% Sales Price Versus Old Listing Price: 91.53 %

Average Days on The Market: 65

City of Canyon Country Home Sales Statistics For June 2008

New Listings: 141

Average Listing Price: $ 409,817

Under Contract: 64

Average Listing Price: $ 317,491

Sold Listigs: 87

Average Listing Price: $ 347,354

% Sales Price Versus Listing Price: 98.67%

Sales Price Versus Old Listing Price: 93.89 %

Average Days on The Market: 62

City of Canyon Country Home Sales Statistics For May 2008

New Listings: 135

Average Listing Price: $ 440,269

Under Contract: 60

Average Listing Price: $ 303,336

Sold Listigs: 85

Average Listing Price: $ 346,018

% Sales Price Versus Listing Price: 96.21 %

Sales Price Versus Old Listing Price: 89.33 %

Average Days on The Market: 63

City of Calabasas California Home Sales Statistics For September 2008

New Listings: 41

Average Listing Price: $ 1,770,917

Under Contract: 7

Average Listing Price: $ 1,633,200

Sold Listigs: 20

Average Listing Price: $ 1,080,225

% Sales Price Versus Listing Price: 93.91 %

Sales Price Versus Old Listing Price: 90.45 %

Average Days on The Market: 49

City of Calabasas California Home Sales Statistics for August 2008

New Listings: 50

Average Listing Price: $ 1,714,392

Under Contract: 11

Average Listing Price: $ 2,297,118

Sold Listigs: 13

Average Listing Price: $ 1,160,796

% Sales Price Versus Listing Price: 96.27 %

Sales Price Versus Old Listing Price: 91.54 %

Average Days on The Market: 72

Alberto Pacheco

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818 481 9211

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Real Estate Consultant

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City of Calabasas California Home Sales Statistics For July 2008

New Listings: 54

Average Listing Price: $ 2,049,833

Under Contract: 12

Average Listing Price: $ 1,518,406

Sold Listigs: 11

Average Listing Price: $ 1,389,727

% Sales Price Versus Listing Price: 96.02 %

Sales Price Versus Old Listing Price: 86.07 %

Average Days on The Market: 85

City of Calabasas California Home Sales Statistics For June 2008

New Listings: 54

Average Listing Price: $ 2,049,833

Under Contract: 12

Average Listing Price: $ 1,518,406

Sold Listigs: 11

Average Listing Price: $ 1,389,727

% Sales Price Versus Listing Price: 96.02 %

Sales Price Versus Old Listing Price: 86.07 %

Average Days on The Market: 85

City of Calabasas California Home Sales Statistics For May 2008

New Listings: 56

Average Listing Price: $ 1,919,187

Under Contract: 14

Average Listing Price: $ 1,689,853

Sold Listigs: 23

Average Listing Price: $ 1,170.200

% Sales Price Versus Listing Price: 94.73 %

Sales Price Versus Old Listing Price: 93.11 %

Average Days on The Market: 59

First Time Home Buyer Tax Credit

One of the most exciting new provision of the Housing and Economic Recovery Act of 2008 is the Fist Time Homebuyer Tax Credit. The credit is designed to encourage first time home buyers to go ahead and make their first purchase.

Things To Keep In Mind

The credit is available for homes purchased between April 9, 2008 and July 1,2009

The credit amounts to 10% of the purchase price of the home not to exceed $7,500

A first time home buyer is defined as someone who has not owned a home in the last three years.

Single taxpayers with incomes up to $75,000 and married couples with incomes up to $150,000 qualify for the full tax credit.

The tax credit works like an interest free loan and must be repaid over a 15 year period.

How Does The Tax Credit Work?

A tax credit is a special provision that reduces the income tax liability on a dollar for dollar basis. When filing a tax return, you must include income items, deductions items and the number of exemptions, among other things, to figure your total tax liability. If your total tax liability end up being $7,500, and you qualify for the full $7,500 tax credit, this credit would be applied and would wipe out all of tax due. If yur employer had already deducted the $7,500 from your pay checks throughout the year, you would receive a tax refund of $ 7,500.

Does This Credit Has To Be Repaid?

Yes, the credit does have to be reapid, so it is really more like an interest free loan. Home buyers will be required to repay the credit to the government, without interest over 15 years ow when they sell the house, if theres is sufficient capital gain from the sale. For example, a homebuyer claiming $7,500 credit would repay the credit at $500 per year. The home owner does not have to begin making repayments on the credit until two years after the credit is claimed. So if the tax credit is claimed on the 2008 tax reeturn, a $500 payment is not due until the 2010 tax return is filed. If the homeowner sold the home, then the remaining credit amount would be due from the profit on the home sale. If there was insufficient profit, then the remaining credit payback would be forgiven.

For more information on this tax credit or other changes resulting from the Housing and Recovery Act of 2008 please visit: http://www.hud.gov/news/recoveryactfaq.cfm.

City of Baldwin Park California Home Sales Statistics September 2008

New Listings: 24

Average Listing Price: $ 277,452

Under Contract: 7

Average Listing Price: $ 267,657

Sold Listigs: 9

Average Listing Price: $ 270,222

% Sales Price Versus Listing Price: 98.82 %

Sales Price Versus Old Listing Price: 88.10 %

Average Days on The Market: 74

City of Baldwin Park California Home Sales Statistics August 2008

New Listings: 12

Average Listing Price: $ 245,316

Under Contract: 5

Average Listing Price: $ 253,380

Sold Listigs: 11

Average Listing Price: $ 246,545

% Sales Price Versus Listing Price: 98.00 %

Sales Price Versus Old Listing Price: 84.75 %

Average Days on The Market: 75

City of Baldwin Park California Home Sales Statistics For July 2008

New Listings: 21

Average Listing Price: $ 269,214

Under Contract: 10

Average Listing Price: $ 234,860

Sold Listigs: 2

Average Listing Price: $ 190,000

% Sales Price Versus Listing Price: 102.73 %

Sales Price Versus Old Listing Price: 75.26 %

Average Days on The Market: 156

City of Baldwin Park California Home Sales Statistics For June 2008

New Listings: 20

Average Listing Price: $ 280,777

Under Contract: 5

Average Listing Price: $ 234,940

Sold Listigs: 5

Average Listing Price: $ 276,600

% Sales Price Versus Listing Price: 100.02 %

Sales Price Versus Old Listing Price: 92.64 %

Average Days on The Market: 67

City of Baldwin Park California Home Sales Statistics For May 2008

New Listings: 24

Average Listing Price: $ 300,490

Under Contract: 4

Average Listing Price: $ 301,225

Sold Listigs: 3

Average Listing Price: $ 316,666

% Sales Price Versus Listing Price: 100.24 %

Sales Price Versus Old Listing Price: 90.07 %

Average Days on The Market: 89

City of Avalon California Home Sales Statistics September 2008

New Listings: 3

Average Listing Price: $ 733,000

Under Contract: 1

Average Listing Price: $ 830,000

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

City of Avalon Home Sales Statistics August 2008

New Listings: 4

Average Listing Price: $ 726,500

Under Contract: 0

Average Listing Price: $ 0

Sold Listigs: 1

Average Listing Price: $ 1,300,000

% Sales Price Versus Listing Price: 85.25 %

Sales Price Versus Old Listing Price: 76.47 %

Average Days on The Market: 153

City of Avalon California Home Sales Statistics July 2008

New Listings: 6

Average Listing Price: $ 2,058,125

Under Contract: 1

Average Listing Price: $ 1,525,000

Sold Listigs: 1

Average Listing Price: $ 550,000

% Sales Price Versus Listing Price: 92.44 %

Sales Price Versus Old Listing Price: 68.84 %

Average Days on The Market: 527

City of Avalon California Home Sales Statistics June 2008

New Listings: 3

Average Listing Price: $ 1,619,616

Under Contract: 0

Average Listing Price: $ 0

Sold Listigs: 1

Average Listing Price: $ 759,000

% Sales Price Versus Listing Price: 100.00 %

Sales Price Versus Old Listing Price: 100.00 %

Average Days on The Market: 90

City of Avalon California Home Sales Statistics For May 2008

New Listings: 3

Average Listing Price: $ 1,406,666

Under Contract: 1

Average Listing Price: $ 759,000

Sold Listigs: 1

Average Listing Price: $ 815,000

% Sales Price Versus Listing Price: 96.00 %

Sales Price Versus Old Listing Price: 85.88 %

Average Days on The Market: 314

City of Altadena Home Sales Statistics For Septiember 2008

New Listings: 4

Average Listing Price: $ 521,169

Under Contract: 4

Average Listing Price: $ 439,425

Sold Listigs: 3

Average Listing Price: $ 418,583

% Sales Price Versus Listing Price: 95.33 %

Sales Price Versus Old Listing Price: 93.97 %

Average Days on The Market: 55

http://www.sfvalleyhotproperties.com Foreclosures, Hud Homes, Probates

City of Altadena California Home Sales Statistics For August 2008

New Listings: 6

Average Listing Price: $ 476,616

Under Contract: 0

Average Listing Price: $ 0

Sold Listigs: 3

Average Listing Price: $ 363,333

% Sales Price Versus Listing Price: 104.84 %

% Sales Price Versus Old Listing Price: 104.84 %

Average Days on The Market: 44

http://www.sfvalleyhotproperties.com Foreclosures, Hud Homes, Probates

City of Altadena California Home Sales Statistics For July 2008

New Listings: 5

Average Listing Price: $ 548,515

Under Contract: 5

Average Listing Price: $ 363,240

Sold Listigs: 2

Average Listing Price: $ 520,000

% Sales Price Versus Listing Price: 96.41 %

% Sales Price Versus Old Listing Price: 81.99 %

Average Days on The Market: 180

http://www.sfvalleyhotproperties.com Foreclosures, Hud Homes, Probates

City of Altadena California Home Sales Statistics For June 2008

New Listings: 10

Average Listing Price: $ 481,614

Under Contract:2

Average Listing Price: $ 361,842

Sold Listigs: 4

Average Listing Price: $ 767,000

% Sales Price Versus Listing Price: 95.55 %

% Sales Price Versus Old Listing Price: 88.65 %

Average Days on The Market: 117

http://www.sfvalleyhotproperties.com Foreclosures, Hud Homes, Probates

City of Altadena California Home Sales Stadistics For May 2008

New Listings: 4

Average Listing Price: $ 617,450

Under Contract: 3

Average Listing Price: $ 446,958

Sold Listigs: 4

Average Listing Price: $ 416,000

% Sales Price Versus Listing Price: 105.05 %

% Sales Price Versus Old Listing Price: 96.25 %

Average Days on The Market: 37

http://www.sfvalleyhotproperties.com Foreclosures, Hud Homes, Probates

City of Woodland Hills California Home Sales Statistics For April 2008

New Listings: 119

Average Listing Price: $ 739,751

Under Contract: 50

Average Listing Price: $ 632,807

Sold Listigs: 34

Average Listing Price: $ 644,647

% Sales Price Versus Listing Price: 95.09 %

% Sales Price Versus Old Listing Price: 87.87 %

Average Days on The Market: 87

City of Woodland Hills California Home Sales Statistics For March 2008

New Listings: 144

Average Listing Price: $ 764,433

Under Contract: 28

Average Listing Price: $ 584.985

Sold Listigs: 42

Average Listing Price: $ 525.046

% Sales Price Versus Listing Price: 94.73 %

% Sales Price Versus Old Listing Price: 88.22 %

Average Days on The Market: 47

City of Woodland Hills California Home Sales Statistics For February 2008

New Listings: 125

Average Listing Price: $ 839,741

Under Contract: 26

Average Listing Price: $ 636,605

Sold Listigs: 33

Average Listing Price: $ 638,571

% Sales Price Versus Listing Price: 90.37 %

% Sales Price Versus Old Listing Price: 85.67 %

Average Days on The Market: 65

City of Wilmington California Home Sales Statistics For April 2008

New Listings: 130

Average Listing Price: $ 376,536

Under Contract: 6

Average Listing Price: $ 330,966

Sold Listigs: 4

Average Listing Price: $ 306,250

% Sales Price Versus Listing Price: 97.11 %

% Sales Price Versus Old Listing Price: 94.31 %

Average Days on The Market: 68

City of Wilmington California Home Sales Statistics For March 2008

New Listings: 20

Average Listing Price: $ 392,824

Under Contract: 1

Average Listing Price: $ 336,500

Sold Listigs: 6

Average Listing Price: $ 306,500

% Sales Price Versus Listing Price: 92.42 %

% Sales Price Versus Old Listing Price: 78.53 %

Average Days on The Market: 107

City of Wilmington California Home Sales Statistics For February 2008

New Listings: 10

Average Listing Price: $ 388,820

Under Contract: 1

Average Listing Price: $ 320,000

Sold Listigs: 1

Average Listing Price: $ 410,000

% Sales Price Versus Listing Price: 96.49 %

% Sales Price Versus Old Listing Price: 84.55 %

Average Days on The Market: 97

City of West Hollywood California Home Sales Statistics For April 2008

New Listings: 3

Average Listing Price: $ 605,666

Under Contract: 0

Average Listing Price: $ 0

Sold Listigs: 1

Average Listing Price: $ 418,000

% Sales Price Versus Listing Price: 99.52 %

% Sales Price Versus Old Listing Price: 99.52 %

Average Days on The Market: 27

City of West Hollywood California Home Sales Statistics For March 2008

New Listings: 3

Average Listing Price: $ 805,966

Under Contract: 0

Average Listing Price: $ 0

Sold Listigs: 4

Average Listing Price: $ 503,750

% Sales Price Versus Listing Price: 93.16 %

% Sales Price Versus Old Listing Price: 87.63 %

Average Days on The Market: 106

City of West Hollywood California Home Sales Statistics For February 2008

New Listings: 3

Average Listing Price: $ 608,000

Under Contract: 1

Average Listing Price: $ 699,999

Sold Listigs: 2

Average Listing Price: $ 822,500

% Sales Price Versus Listing Price: 97.39 %

% Sales Price Versus Old Listing Price: 95.26 %

Average Days on The Market: 71

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City of Valley Village California Home Sales Statistics For April 2008

New Listings: 28

Average Listing Price: $ 702,944

Under Contract: 10

Average Listing Price: $ 522,840

Sold Listigs: 14

Average Listing Price: $ 586,785

% Sales Price Versus Listing Price: 93.98 %

% Sales Price Versus Old Listing Price: 92.02 %

Average Days on The Market: 53

City of Valley Village Calfornia Home Sales Statistics For March 2008

New Listings: 25

Average Listing Price: $ 652,151

Under Contract: 10

Average Listing Price: $ 570,930

Sold Listigs: 17

Average Listing Price: $ 551,970

% Sales Price Versus Listing Price: 92.98 %

% Sales Price Versus Old Listing Price: 83.47 %

Average Days on The Market: 105

City of Valley Village California Home Sales Statistics For February 2008

New Listings: 24

Average Listing Price: $ 630,691

Under Contract: 13

Average Listing Price: $ 641,084

Sold Listigs: 6

Average Listing Price: $ 708,583

% Sales Price Versus Listing Price: 91.28 %

% Sales Price Versus Old Listing Price: 88.00 %

Average Days on The Market: 65

City of Torrance California Home Sales Statistics For April 2008

New Listings: 21

Average Listing Price: $ 477,504

Under Contract: 4

Average Listing Price: $ 610,975

Sold Listigs: 9

Average Listing Price: $ 502,933

% Sales Price Versus Listing Price: 95.74 %

% Sales Price Versus Old Listing Price: 87.99 %

Average Days on The Market: 75

City of Torrance California Home Sales Statistics For March 2008

New Listings: 17

Average Listing Price: $ 635,052

Under Contract: 4

Average Listing Price: $ 545,975

Sold Listigs: 10

Average Listing Price: $ 480,150

% Sales Price Versus Listing Price: 95.26 %

% Sales Price Versus Old Listing Price: 86.24 %

Average Days on The Market: 90

City of Torrance California Home Sales Statistics For February 2008

New Listings: 20

Average Listing Price: $ 476,514

Under Contract: 5

Average Listing Price: $ 575,920

Sold Listigs: 3

Average Listing Price: $ 503,333

% Sales Price Versus Listing Price: 93.56 %

% Sales Price Versus Old Listing Price: 91.38 %

Average Days on The Market: 60

City of Toluca Lake California Home Sales Statistics For April 2008

New Listings: 18

Average Listing Price: $ 996,877

Under Contract: 8

Average Listing Price: $ 622,750

Sold Listigs: 3

Average Listing Price: $ 463.333

% Sales Price Versus Listing Price: 99.00 %

% Sales Price Versus Old Listing Price: 88.03 %

Average Days on The Market: 75

City of Toluca Lake California Home Sales Statistics For March 2008

New Listings: 23

Average Listing Price: $ 988,043

Under Contract: 1

Average Listing Price: $ 439,000

Sold Listigs: 6

Average Listing Price: $ 733,250

% Sales Price Versus Listing Price: 93.37 %

% Sales Price Versus Old Listing Price: 86.31%

Average Days on The Market: 107

City of Toluca Lake California Home Sales Statistics For February 2008

New Listings: 26

Average Listing Price: $ 1,038,644

Under Contract: 2

Average Listing Price: $ 787,000

Sold Listigs: 4

Average Listing Price: $ 1,306,250

% Sales Price Versus Listing Price: 96.62 %

% Sales Price Versus Old Listing Price: 79.29%

Average Days on The Market: 193

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

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.

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

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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

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

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

City of Rialto California Home Sales Statistics For April 2008

New Listings: 37

Average Listing Prige $ 243,593

Listings Under Contract: 3

Average Listing Price $ 198,300

Sold Listings: 2

Average Sales Price: $ 369.950

%Direfence Between Listing Price versus Selling Price: 92.50%

%Sales Price Versus Old Listing Price: 80.43%

Average Days on The Market: 171

City of Rialto California Home Sales Statistics For March 2008

New Listings: 36

Average Listing Prige $ 303,616

Listings Under Contract: 2

Average Listing Price $ 259,450

Sold Listings: 1

Average Sales Price: $ 257,500

%Direfence Between Listing Price versus Selling Price: 87.32%

%Sales Price Versus Old Listing Price: 75.76%

Average Days on The Market: 136

City of Rialto California Home Sales Statistics For February 2008

New Listings: 30

Average Listing Prige $ 330,815

Listings Under Contract: 2

Average Listing Price $ 289,949

Sold Listings: 3

Average Sales Price: $ 249,500

%Direfence Between Listing Price versus Selling Price: 90.31%

%Sales Price Versus Old Listing Price: 82.28%

Average Days on The Market: 76

City of Rancho Mirage California Home Sales Statistics For April 2008

New Listings: 3

Average Listing Prige $ 586,666

Listings Under Contract: 0

Average Listing Price $ 0

Sold Listings: 0

Average Sales Price: $ 0

%Direfence Between Listing Price versus Selling Price: 0%

%Sales Price Versus Old Listing Price: 0%

Average Days on The Market: 0

City of Rancho Mirage California Home Sales Statistics For March 2008

New Listings: 4

Average Listing Prige $ 958,500

Listings Under Contract: 0

Average Listing Price $ 0

Sold Listings: 1

Average Sales Price: $ 499,000

%Direfence Between Listing Price versus Selling Price: 97.86%

%Sales Price Versus Old Listing Price: 97.86%

Average Days on The Market: 17

City of Rancho Mirage California Home Sales Statistics For February 2008

New Listings: 4

Average Listing Prige $ 780,725

Listings Under Contract: 1

Average Listing Price $ 509,900

Sold Listings: 1

Average Sales Price: $ 750,000

%Direfence Between Listing Price versus Selling Price: 94.10%

%Sales Price Versus Old Listing Price: 94.10%

Average Days on The Market: 5

The Real Estate Market Is Changing For The Good

The San Fernando Valley Local Market is Rebounding, Sales of Single Family Homes Increased For The Four Consecutive Month in April, Posting The Year-To-Year Gain in 30 Months. acording to Southland Regional Association of Realtors.

Since September 2005, Has The Monthly Total Been Higher Than The Prior Year. The 547 Sales Closed in April Was Up Dramatically Compared To April 2007 with 100 Transactions, or 22.4% Higher.

The April 2008 total sales was up 31.5% Above March same year, It Has Been Climbing Month After Month Since January 2008, Spring Home Buying Season Gets Under Way and Lenders Start Writing Loans Again.

Home Buyers Started Noticing The Opportunities in Investing In Real Estate While The Prices Remain Low, Particularly First Time Buyers and Investors.

April 2008 Median Home Price Was $465,000 Comparing to $655,000 in June 2007. The Number of Active Listings At The End of April was 7234. There is a 10.4 Month Supply of Inventory of Properties. We Are In A Buyer's Market.

Ben Bernake Declared Today 06/11/08 That Interest Rates Will Increase On The Next Fed's Meeting.

City of Pasadena California Home Sales Statistics For April 2008

New Listings: 19

Average Listing Price: $ 748,309

Listings Under Contract: 4

Average Listing Price $ 627,200

Sold Listings: 6

Average Sales Price: $ 664,650

%Direfence Between Listing Price versus Selling Price: 95.30%

%Sales Price Versus Old Listing Price: 92.66%

Average Days on The Market: 96

City of Pasadena California Home Sales Statistics For March 2008

New Listings: 36

Average Listing Price: $ 550,597

Listings Under Contract: 6

Average Listing Price $ 507,966

Sold Listings: 2

Average Sales Price: $ 610,000

%Direfence Between Listing Price versus Selling Price: 92.92%

%Sales Price Versus Old Listing Price: 90.84%

Average Days on The Market: 66

City of Pasadena California Home Sales Statistics For February 2008

New Listings: 20

Average Listing Price: $ 619,305

Listings Under Contract: 2

Average Listing Price $ 510,750

Sold Listings: 1

Average Sales Price: $ 350,000

%Direfence Between Listing Price versus Selling Price: 94.85%

%Sales Price Versus Old Listing Price: 87.52%

Average Days on The Market: 54

City of Pacoima California Home Sales Statistics For April 2008

New Listings: 69

Average Listing Price: $ 323,642

Listings Under Contract: 11

Average Listing Price $ 287,431

Sold Listings: 9

Average Sales Price: $ 263,777

%Direfence Between Listing Price versus Selling Price: 94.25%

%Sales Price Versus Old Listing Price: 83.25%

Average Days on The Market: 56

City of Pacoima California Home Sales Statistics For March 2008

New Listings: 67

Average Listing Price: $ 331,034

48,513stings Under Contract: 13

Average Listing Price $ 277,484

Sold Listings: 7

Average Sales Price: $ 271,615

%Direfence Between Listing Price versus Selling Price: 92.09%

%Sales Price Versus Old Listing Price: 92.94%

Average Days on The Market: 43

City of Pacoima California Home Sales Statistics For February 2008

New Listings: 61

Average Listing Price: $ 348,513

48,513stings Under Contract: 8

Average Listing Price $ 276,556

Sold Listings: 2

Average Sales Price: $ 308,500

%Direfence Between Listing Price versus Selling Price: 97.01%

%Sales Price Versus Old Listing Price: 88.14%

Average Days on The Market: 61

Check Home For Sale on This Website:   http://granadahills.kwrealty.com/

City of Pacoima California Home Sales Statistics For January 2008

New Listings: 82

Average Listing Price: $ 356,912

Listings Under Contract: 9

Average Listing Price $ 310,133

Sold Listings: 8

Average Sales Price: $ 373,499

%Direfence Between Listing Price versus Selling Price: 96.18%

%Sales Price Versus Old Listing Price: 85.50%

Average Days on The Market: 104

City of Oceanside California Home Sales Statistics For April 2007

New Listings: 14

Average Listing Price: $ 503,756

Listings Under Contract: 6

Average Listing Price $ 347,150

Sold Listings: 5

Average Sales Price: $ 426,400

%Direfence Between Listing Price versus Selling Price: 96.66%

%Sales Price Versus Old Listing Price: 85.47%

Average Days on The Market: 86

City of Oceanside California Home Sales Statistics For March 2008

New Listings: 20

Average Listing Price: $ 389,425

Listings Under Contract: 6

Average Listing Price $ 444,115

Sold Listings: 5

Average Sales Price: $ 437,000

%Direfence Between Listing Price versus Selling Price: 98.30%

%Sales Price Versus Old Listing Price: 91.51%

Average Days on The Market: 84

City of Oceanside Home Sales Statistics For February 2008

New Listings: 28

Average Listing Price: $ 454,829

Listings Under Contract: 2

Average Listing Price $ 479,438

Sold Listings: 4

Average Sales Price: $ 403,450

%Direfence Between Listing Price versus Selling Price: 96.42%

%Sales Price Versus Old Listing Price: 90.99%

Average Days on The Market: 90

City of Oceanside California Home Sales Statistics For January 2008

New Listings: 28

Average Listing Price: $ 454,829

Listings Under Contract: 2

Average Listing Price $ 479,438

Sold Listings: 4

Average Sales Price: $ 403,450

%Direfence Between Listing Price versus Selling Price: 96.42%

%Sales Price Versus Old Listing Price: 90.99%

Average Days on The Market: 90

City of North Hills California Home Sales Statistics For April 2008

New Listings: 83

Average Listing Price: $ 395,949

Listings Under Contract: 25

Average Listing Price $ 318,550

Sold Listings: 17

Average Sales Price: $ 405,452

% Difference Between Listing Price versus Selling Price: 97.24%

% Sales Price Versus Old Listing Price: 89.26%

Average Days on The Market: 66

Alberto Pacheco

Realtor Calbre Lic 01200694

818 481 9211

Keller Williams Porter Ranch

Real Estate Consultant

http://www.granadahills.kwrealty.com  Real Estate News, Mortgages, Trends

Blog: www.losangelescountyrealestate.blogspot.com

albertopachecorealtor@gmail.com

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City of North Hills Home Sales Statistics For March 2008

New Listings: 69

Average Listing Price: $ 383,146

Listings Under Contract: 18

Average Listing Price $ 374,602

Sold Listings: 17

Average Sales Price: $ 401,517

%Direfence Between Listing Price versus Selling Price: 97.65%

%Sales Price Versus Old Listing Price: 82.72%

Average Days on The Market: 90

City of North Hills Home Sales Statistics For February 2008

New Listings: 72

Average Listing Price: $ 405,877

Listings Under Contract: 16

Average Listing Price $ 371,878

Sold Listings: 14

Average Sales Price: $ 420,184

%Direfence Between Listing Price versus Selling Price: 95.49%

%Sales Price Versus Old Listing Price: 89.67%

Average Days on The Market: 60

Montebello Foreclosures, Bank Owned, Notice of Default Homes

As of 05/09/08 there are 50 Properties for sale in Montebello, from those there are : 39 Homes priced between $300,000 to $799,000
11 Condos priced between $ 198,900 to $ 435,000
2 are Condos on Short Sale, one is priced at $215,00 and the other one at $265,000
7 Homes on Short Sale priced between: $350,000 to $650,000
2 Bank owned homes also called Foreclosures,one priced at $299,900 and another one at $329,900.
In Los Angeles County there are 398 properties on Notice of Default, legally in Pre-foreclosures, 219 on Trustee Sale,ready to be sold to investors and 221 Banl owned also called foreclosed homes, in other words they weren't bought by anyone, so the bank repossessed them.

City of North Hills California Home Sales Statistics For January 2008

New Listings: 90

Average Listing Price: $ 429,599

Listings Under Contract: 20

Average Listing Price $ 418,745

Sold Listings: 16

Average Sales Price: $ 453.931

%Direfence Between Listing Price versus Selling Price: 94.04%

%Sales Price Versus Old Listing Price: 85.71%

Average Days on The Market: 92


http://www.sfvalleyhotproperties.com

City of Newport Beach California Home Sales Statistics For January 2008

New Listings: 187

Average Listing Price: $ 2,263,322

Listings Under Contract: 7

Average Listing Price $ 1,508,396

Sold Listings: 22

Average Sales Price: $ 1,929,290

%Direfence Between Listing Price versus Selling Price: 91.09%

%Sales Price Versus Old Listing Price: 87.43%

Average Days on The Market: 122


http://www.sfvalleyhotproperties.com

City of Newhall California Home Sales Statistics For January 2008

New Listings: 64

Average Listing Price: $ 488,920

Listings Under Contract: 15

Average Listing Price $ 315,036

Sold Listings: 9

Average Sales Price: $ 391,555

%Direfence Between Listing Price versus Selling Price: 95.11%

%Sales Price Versus Old Listing Price: 88.26%

Average Days on The Market: 88


http://www.sfvalleyhotproperties.com

Moreno Valley Real Estate Home Sales Statistics For January 2008

New Listings: 81

Average Listing Price: $ 308,866

Listings Under Contract: 10

Average Listing Price $ 199,980

Sold Listings: 4

Average Sales Price: $ 261,500

%Direfence Between Listing Price versus Selling Price: 90.14%

%Sales Price Versus Old Listing Price: 78.66%

Average Days on The Market: 151


http://www.sfvalleyhotproperties.com