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California Housing Inventory Snapshot
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Our thanks to Gary McKae of www.mckaeproperties.com for forwarding the following table of real estate inventory in seven counties in California. These counties are located in the San Francisco Bay and Monterey Bay Areas and include Silicon Valley.
I hope you will find the following snapshot of local Real Estate inventory interesting. The table represents aggregated values based on MLS data for the specified date.
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Housing Inventory Snapshot
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June 28, 07
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Average List Price
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Median List Price
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Average Days On Market
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Santa Clara County, CA
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Single Family under $1M
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$709,889
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$689,900
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57
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Single Family over $1M
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$2,009,900
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$1,550,000
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66
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Condo/Townhome under $600K
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$441,826
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$434,888
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56
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Condo/Townhome over $600K
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$738,087
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$688,000
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36
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San Mateo County, CA
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Single Family under $1M
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$744,722
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$738,000
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58
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Single Family over $1M
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$2,723,170
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$1,668,800
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57
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Condo/Townhome under $600K
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$462,896
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$478,000
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60
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Condo/Townhome over $600K
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$937,911
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$779,000
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79
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Santa Cruz County, CA
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Single Family under $1M
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$681,104
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$685,000
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81
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Single Family over $1M
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$1,778,072
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$1,399,000
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82
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Condo/Townhome under $600K
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$463,350
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$475,000
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64
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Condo/Townhome over $600K
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$860,012
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$699,500
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91
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Monterey County, CA
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Single Family under $1M
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$600,520
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$579,900
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93
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Single Family over $1M
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$2,416,812
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$1,675,000
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115
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Condo/Townhome under $600K
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$392,312
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$369,000
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97
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Condo/Townhome over $600K
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$964,563
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$799,000
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102
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San Benito County, CA
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Single Family under $1M
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$604,296
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$575,000
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92
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Single Family over $1M
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$1,500,056
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$1,299,000
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98
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Condo/Townhome under $300K
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N/A
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N/A
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N/A
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Condo/Townhome over $300K
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$443,565
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$415,000
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116
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Alameda County, CA
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Single Family under $1M
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$596,363
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$579,950
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50
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Single Family over $1M
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$1,696,738
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$1,399,000
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55
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Condo/Townhome under $600K
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$426,238
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$420,000
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49
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Condo/Townhome over $600K
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$712,297
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$669,000
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48
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Contra Costa County, CA
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Single Family under $1M
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$548,710
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$519,000
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59
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Single Family over $1M
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$1,730,643
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$1,399,000
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60
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Condo/Townhome under $600K
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$364,633
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$354,000
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61
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Condo/Townhome over $600K
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$719,083
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$699,000
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54
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MORTGAGE. National Averages (June 28, 07)*
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30-year fixed
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Rate - 6.28%
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APR - 6.46%
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15-year fixed
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Rate - 5.98%
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APR - 6.26%
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5/1 ARM
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Rate - 5.92%
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APR - 7.08%
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* Mortgage rates were collected from publicly available sources (yahoo.com) on the date stated. The accuracy of the information and the availability of these rates are not guaranteed by the publisher. Rates are provided for informational purposes only and are subject to change without notice. Actual market interest rates may vary. |
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If you know someone who is considering buying or selling a home, please give me a call. I will provide professional & courteous service along with knowledgeable guidance through the process.
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