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November 16, 2009
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  CONDITIONS™
By Local Real Estate Experts  



Market Conditions for Brea, California

Reported by Robyn Filippo, REALTOR

Updated November 11, 2009.

Current Market Rating: 2




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Buyer's

Seller's

Current Price Trend: 4




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Falling

Rising

In Brea,the median resale price for a single family residence in Sept 2009 was $446,000 in (zip92821) and $709,000 in (zip92823) this represents a decrease of -13% in (zip92821) and a decease of -1% in 92823. Keep in mind that monthly statistics can be misleading as they may only represent 1-15 homes sold within a particular zip code. These numbers represent the change from the same month last year.The median price per sq. ft was $268 in 92821 and $298 in 92823.

Orange County Real Estate Market
The median price for a resale single-family detached home for Sep. 2009 was $500,000 year. The median price per sq. ft was $284.00. The total of all homes sold in Sept. was 1,862 a increase of 4.2 %. The total of all condos sold was 839. These numbers represent the change from the same month last year.

California Real Estate Market
An estimated 40,216 new and resale houses and condos were sold statewide last month. That was up 1.0 percent from 39,811 in August, and down 0.3 percent from 40,317 for Sept. 2008. California sales for the month of Sept.have varied from a low of 24,460 in 2007 to a peak of 69,304 in 2003,the average is 44,4816. MDA Dataquick statistics go back to 1988 .

The median price paid for a Southland home last month was $251,000, up 0.8 percent from $249,000 in August and down 11.3 percent from $283,000 for Sep. 2008.

Average Mortgage Rate
As of Oct. 29, 2009, the 30-year fixed 5.03 percent ,15 year fixed 4.46 percent, 1 year adjustable 4.57 percent



ZIP Codes: 92821, 92823


For More Information:

View Market Conditions of other areas served by Robyn Filippo

Navigate: Top > California > Brea

These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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Mortgage Rates
30 Year Fixed: 4.98%
15 Year Fixed: 4.40%
1 Year Adj: 4.47%
(U.S. Weekly Averages)

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