Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Westminster. Low rates and nice prices.

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 isNo Change
Seller Activity for the past 90 days in Westminster is?No Change
Multiple Offers?No
Multiple Offers CommentaryInformation 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 BuyersPlease 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 AreaOrange County
Housing Hot SpotsMost 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.
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Blog Archives

December 2010 (2)

Mortgage Rates
– Feb 23rd, 2012 –
---------------------------------
 30 yr. fixed rate:     3.90%
 15 yr. fixed rate:     3.17%
  30 yr. jumbo rate:  4.68%
  15 yr. jumbo rate:  3.96%

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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...
 
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CENTURY 21 Beachside Realtors®
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CENTURY 21 Beachside Realtors®
CENTURY 21 Beachside Realtors®
CENTURY 21 Beachside Realtors®

  800-221-5234




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