Winter 2012 Market Update


Average Home Price $300,000 - View Graph Trend
Average Price Compared to Last Year Down more than 30%
Average Time on Market 30-60 days
Prices As % of Asking Price 90-95%
Market Trend No Change
Buyers’ or Sellers’ Market More sellers than buyers
Multiple Offers?Yes
Housing Inventory Good supply - Some Prices
Greatest Activity First Time Buyers
Reason to Buy/Sell Other
Housing Hot SpotsBeach Property
Average Sold Price $300,000 - View Graph Trend

Port Hueneme 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.

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Mortgage Rates
– Feb 10th, 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%

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