| Market Commentary Provided by Mark R. Oldham Enjoy the weather, beauty of the ocean, shopping, and great restaurants of Monarch Beach. It is truly an amazing place to live, work, and play! |
| Report Date | Winter 2010 |
CONNECT WITH A LOCAL PROFESSIONAL
Mark R. Oldham
Pacific West Realty Services Corp. Dana Point, California 949-485-1362 homes.loans@cox.net Agent Home Page |
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| Nearest Metro Area | |||||
| Buyers’ or Sellers’ Market | More sellers than buyers | ||||
| Average Time on Market | 60-90 days | ||||
| Market Trend | Increasing | ||||
| Housing Inventory | Good supply - Some Prices | ||||
| Average Home Price | $825,000 - View Graph Trend | ||||
| Best Selling Price Range | |||||
| Worst Selling Price Range | |||||
| Compared to Last Year | Down 25-30% | ||||
| Prices As % of Asking Price | 85-90% | ||||
| Multiple Offers? | Yes | ||||
| Greatest Activity | Repeat Buyers | ||||
| Buyer Activity for the past 90 days in Monarch Beach is | |||||
| Seller Activity for the past 90 days in Monarch Beach is | |||||
| Is Financing Available For Qualified Buyers in Monarch Beach? | |||||
| Existing Home Prices for the past 90 days are | |||||
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | |||||
| Housing Hot Spots | All areas of Monarch Beach | ||||
| Reason to Buy/Sell | Other | ||||
| Average Sold Price | $825,000 - View Graph Trend | ||||
| National Real Estate Market | |||||
| National Summary: National Housing Market Recovery Near? Latest HouseHunt Random Survey Finds Encouraging Signs - First Time Buyers Taking Advantage of $8,000 Tax Credit Like the legendary phoenix which rose renewed from its ashes, the U.S. housing market appears to be on the verge of emerging from the worst real estate market in three years. Several encouraging signs are there. Click here for full article... |
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