|
Winter 2012 Market Update
It is a good time to buy. Prices have dropped 25% and interest rates are close to all time lows. Call us today for all your real estate needs.
|
|
| Average Home Price | $2,700,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 15-20% |
| Average Time on Market | 90-120 days |
| Best Selling Price Range | $1,000,000+ |
| Worst Selling Price Range | $1,000,000+ |
| Prices As % of Asking Price | 90-95% |
| Existing Home Prices for the past 90 days are? | Increasing |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Buyer Activity for the past 90 days in Brentwood is | Increasing |
| Seller Activity for the past 90 days in Brentwood is? | Increasing |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | While the number of transaction is slightly down, the average sales price of a single family home in Brentwood is higher in 2011 as compared to a year ago by about 15%. The sales price per foot is higher as well. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 0-5% |
| Is Financing Available For Qualified Buyers? | Yes |
| Comments on Financing For Qualified Buyers | Larger down payments typically 40% are requred for the higher end properties |
| Housing Inventory | Limited Supply |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Brentwood! |
| Nearest Metro Area | Los Angeles |
| Housing Hot Spots | Brentwood, Malibu, Santa Monica, Bel Air and Beverly Hills for the entry level price ranges are considered ’Housing Hotspots’ |
| Average Sold Price | $2,700,000 - View Graph Trend |
Brentwood Local News
Sluggish housing market in line for a better 2012, according to quarterly survey
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
The figures are still flat-lining, but there appears to be signs of life out there for a housing market that's dying for an upward tick of good news.
The up-and-down ride for real estate the past few years was seen again in the fourth quarter of 2011, according to a survey of HouseHunt real estate agents across the country. There are pockets of good news offset by bad, with home values and prices basically bumping along the bottom of the grid on a perceived never-ending rocky road.
Click here for full article...
Contact Information
Anthony Marguleas
310-293-9280
Request More Information Let me answer your questions!
Ask Me!
Blog Archives
Mortgage Rates
– Feb 11th, 2012 –
---------------------------------
30 yr. fixed rate: 3.89%---------------------------------
15 yr. fixed rate: 3.21%
30 yr. jumbo rate: 4.60%
15 yr. jumbo rate: 3.96%
Home Values
StreetZip Code
| |
Request More Information Let me answer your questions! Ask Me!
Anthony Marguleas
Amalfi Estates
|
 310-293-9280
|
| Receive New Listings by Email | Get Free Monthly Newsletter | Find Brentwood Homes for Sale | Search Brentwood Real Estate |
(NOTE: Because current market conditions can change rapidly in any given marketplace, please check with the exclusive HouseHunt, Inc., real estate agent for this territory before acting on this information.)
California Homes for Sale |
California Real Estate News | Homes for Sale |
Real Estate Market News | Hot Markets
| Agents Join
“Your #1 resource for finding Homes for Sale, How Much My Home is Worth, Community Information and Real Estate Agents!”
© Copyright 1995-2012 HouseHunt Inc - All Rights Reserved