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Spring 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Westminster. Low rates and nice prices.
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| Average Home Price | $400,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 0-5% |
| Average Time on Market | 60-90 days |
| Best Selling Price Range | $550,000 - $599,000 |
| Worst Selling Price Range | $650,000 - $699,000 |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | Decreasing |
| Market Trend | Increasing |
| Buyers’ or Sellers’ Market | More sellers than buyers |
| Buyer Activity for the past 90 days in Westminster is | No Change |
| Seller Activity for the past 90 days in Westminster is? | No Change |
| Multiple Offers? | No |
| Multiple Offers Commentary | Information is not available |
| 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 | Please contact me for information on financing |
| Housing Inventory | Limited Supply |
| Inventory Comments | Current Inventory 313 homes in the 21157 zip code. |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Lower prices with good selection and competitive interest rates creates a perfect time to buy in Westminster! |
| Nearest Metro Area | Orange County |
| Housing Hot Spots | Most cities within the Carroll County area are considered 'Housing Hotspots' |
| Average Sold Price | $400,000 - View Graph Trend |
Westminster Local News
Market Update for Westminster, CA - January 11th, 2011 1:18pm
Today there are 131 residential homes on the market in Westminster. 111 are houses ranging in price from $190,000 up to $675,000 while 20 condos are priced from $165,000 to $430,000. 44 of 131 properties are listed as short sales.
How to avoid an endless House Hunt - December 22nd, 2010 11:45am
1. Get pre-approved
2. Make a list of:
a. must -haves
b. these would be nice
c. deal breakers
3. Find the right neighborhood first
4. Give yourself a deadline
5. Find a good agent
According to a 2009 National Association of Realtors study, the median buyer shopped for 12 weeks and looked at 12 homes.
Current listing summary as of 12/8/2010 - December 8th, 2010 10:45am
As of today there are 154 active listings on the market in Westminster. 135 are single family homes and 19 condos. Condo listings range in price from $179,000 to $385, while homes start in the low $300,000s all the way up to $700,000.
Contact Information
Coldwell Banker Beachside Realtors®
866-243-0333
Request More Information Let me answer your questions!
Ask Me!
Mortgage Rates
– May 28th, 2012 –
---------------------------------
30 yr. fixed rate: 3.82%---------------------------------
15 yr. fixed rate: 3.11%
30 yr. jumbo rate: 4.38%
15 yr. jumbo rate: 3.61%
Home Values
StreetZip Code
Agent quarterly survey shows growing optimism toward a housing market recovery
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
End of tunnel, meet light. Real estate agents have been imagining that vision for a while, and first-quarter optimism in 2012 has some saying the road to recovery could be just around the corner.
Much of the upbeat attitude from HouseHunt's market condition survey stems from tighter inventory and houses not remaining as long on the market. Of agents reporting, 38 percent said inventory was tight in their cities, compared to 32 percent in the fourth quarter of 2011 and 13 percent at the beginning of last year. Regarding time on the market, 30 percent reported houses selling in 60 days or less, compared to 22 percent in the previous quarter and 10 percent at the beginning of 2011.
Click here for full article...
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Request More Information Let me answer your questions! Ask Me!
Coldwell Banker Beachside Realtors®
Coldwell Banker Beachside Realtors®
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 866-243-0333
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(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.)
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