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Winter 2012 Market Update
If you can qualify, now is an exceptional time to buy a home in Fountain Valley. Low rates with falling home prices makes a home purchase a great value! Call now for more information at 714-404-8964
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| Average Home Price | $600,000 - View Graph Trend |
| Average Price Compared to Last Year | Down 0-5% |
| Average Time on Market | 10-30 days |
| Best Selling Price Range | $500,000 - $549,000 |
| Worst Selling Price Range | $1,000,000+ |
| Prices As % of Asking Price | 95-100% |
| Existing Home Prices for the past 90 days are? | No Change |
| Market Trend | No Change |
| Buyers’ or Sellers’ Market | More buyers than sellers |
| Buyer Activity for the past 90 days in Fountain Valley is | Increasing |
| Seller Activity for the past 90 days in Fountain Valley is? | No Change |
| Multiple Offers? | Yes |
| What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? | 30-35% |
| Is Financing Available For Qualified Buyers? | Yes |
| Housing Inventory | Limited Supply |
| Greatest Activity | Repeat Buyers |
| Reason to Buy/Sell | Population Growth |
| Nearest Metro Area | Orange County |
| Housing Hot Spots | Coastal communities as well as areas with high scoring school statistics. |
| Average Sold Price | $600,000 - View Graph Trend |
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Randy Aguilar
RE/MAX Select One
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