|
Winter 2012 Market Update
Name of Local Newpaper to Send Releases: Orange County Register,San Diego Union, Orange County Sunpost
|
|
| Average Home Price | $650,000 - View Graph Trend |
| Average Price Compared to Last Year | Up 5-10% |
| Average Time on Market | 30-60 days |
| Best Selling Price Range | $650,000 - $699,000 |
| Worst Selling Price Range | $1,000,000+ |
| Prices As % of Asking Price | 85-90% |
| Existing Home Prices for the past 90 days are? | Increasing |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | Equal buyers and sellers |
| Buyer Activity for the past 90 days in Fallbrook is | Increasing |
| Seller Activity for the past 90 days in Fallbrook is? | Increasing |
| Multiple Offers? | Yes |
| Multiple Offers Commentary | Multiple offers most often on Bankowned and Short Sale/Pre-Forclosures. The tend to get 10-30 offers that drive the purchase price up to full price or, over asking price. especially in the under $500K price range. They are actually not that great of a deal in this case. Sold as-is the buyer gets stuck with exrtra costs, mostly on the Short Sales. |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 30-35% |
| Is Financing Available For Qualified Buyers? | Yes |
| Comments on Financing For Qualified Buyers | As a Buyer Only brokerage and a Realtor, i cannot emphasize enough for a buyer to have full loan approval before even starting to look at homes. With tougher guidelines now, many buyers find they ae asked a multitude of items be provided to give to the lender to qualify. Call me for a recommendation if you need a loan approval, we have a wonderful lender who focuses 100% of their practice to loans, shopping all products to get the best rate and terms. |
| Housing Inventory | Good supply - Some Prices |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Fallbrook! many buyers realize they are making a safer investment for their future with real estate, compared to anything else like stocks,ect. |
| Nearest Metro Area | San Diego, CA |
| Housing Hot Spots | North County San Diego is such a great buyers market with a large supply of inventory,rates dropped a bit too this week. Yet, a buyer can find the larger lots sizes and detached homes for under $700,000 in Fallbrook. As a Buyers Only Brokerage and Realtor , we show more homes, since 100% of our time is only to the buyer interest. You get full time service - full time loyalty to you the buyer, guaranteed. |
| Average Sold Price | $650,000 - View Graph Trend |
![]() |
Suzanne Hefni-Pyle REALTOR® ABR NAEBA
Buyer`s Only Coastal Realty Office
|
|
| Receive New Listings by Email | Get Free Monthly Newsletter | Find Fallbrook Homes for Sale | Search Fallbrook Real Estate |