Saturday, 16 December 2017

Huntington Beach, California REAL Estate Market Update

Written by Posted On Tuesday, 05 December 2017 21:43

Fall is here. The air is crisp. The leaves are falling. But, the real estate market in Huntington Beach is still hot, hot, hot!

Sure, things have slowed down a bit. But, that's normal for this time of the month. The good news is that home values are still rising, homes are still selling quickly, and mortgage rates are still considerably low. With that said, here's what you all came here for. The numbers. The stats. The good stuff.

October 2017 Home Sales:

Homes Sold: 159 (decrease of 5.4% from last month, increase of 4.6% from same period in 2016)

Average Days on Market: 41 (which means low inventory, homes are selling FAST)

Price Per Square Foot: $482 (Detached, $501, Attached, $436)

Average Price:

Detached Homes: $1,075,102 (an increase of 3.8% compared to last month, 4.9% increase from Oct. 2016)

Attached Homes (condos, townhomes, etc.): $615,292 (decrease of 9.5% from last month, increase of 10.2% from the same period last year)

Mortgage Rates: 3.95% ( 30- year fixed-rate, According to FannieMae)

 

So, what do all of these crazy numbers really mean?

Well, if you are thinking of selling, now is a good time to go on the market. Mortgage rates are low and inventory is low. Therefore, there are more buyers and less homes. Low supply, high demand.

If you are thinking of buying, now is still a good time. Mortgage rates are still low, saving you thousands over the life of your loan. Plus, many buyers are taking a break from home shopping during the holidays. So, there will be less competition and less multiple offers.

Want to know what your home is worth in today’s market? Click HERE for a FREE Home Pricing Report. No obligation. Zip. Zilch. None.

Here’s to being informed!

Emily Benner

REAL Estate Expert

949.877.9856

This email address is being protected from spambots. You need JavaScript enabled to view it.

www.OrangeCountyFineHomes.com

Click Here for a FREE Home Price Evaluation of Your Home!

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Emily

As an agent who's an expert in this local area, I bring a wealth of knowledge and expertise about buying and selling real estate here. It's not the same everywhere, so you need someone you can trust for up-to-date information. I am eager to serve you. Here are some of the things I can do for you:

Find Your Next Home

You need someone who knows this area inside and out! I can work with you to find the right home at the right price for you, including all the neighborhood amenities that matter - not to mention the essential criteria you have for your ideal home

Sell a Home

When it's time to move, you need someone who will advertise your home, show to prospective buyers, negotiate the purchase contract, arrange financing, oversee the inspections, handle all necessary paperwork and supervise the closing. I can take care of everything you need, from start to close.

Consult on Home Selling Tactics

Oftentimes buyers don't visualize living in your home the way you do. I can make your home attractive to its ideal audience which can help you get top dollar. Things like staging the home, making repairs or minor improvements, or even simply painting the walls can be the difference between a home resting on the market and one that's sold fast.

Call me today to discuss your real estate needs @ 949-877-9856.

Click here to find out what your home is worth (free, no obligation)!

www.orangecountyfinehomes.com

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