I hope you will find the following snapshot of local Real Estate inventory interesting. This information represents aggregated values based on MLS data for the specified date.
Housing Inventory Snapshot
September 30, 07
Average List Price
Median List Price
Average Days On Market
Santa Clara County, CA
Single Family under $1M
$687,065
$669,000
67
Single Family over $1M
$2,016,007
$1,495,000
70
Condo/Townhome under $600K
$435,352
$428,000
67
Condo/Townhome over $600K
$739,136
$695,880
54
San Mateo County, CA
Single Family under $1M
$728,557
$719,988
62
Single Family over $1M
$2,418,165
$1,599,999
65
Condo/Townhome under $600K
$457,509
$469,888
67
Condo/Townhome over $600K
$944,482
$775,000
88
Santa Cruz County, CA
Single Family under $1M
$661,469
$649,900
88
Single Family over $1M
$1,907,303
$1,495,000
93
Condo/Townhome under $600K
$454,850
$474,999
88
Condo/Townhome over $600K
$890,470
$750,000
93
Monterey County, CA
Single Family under $1M
$575,060
$549,000
103
Single Family over $1M
$2,436,917
$1,695,000
126
Condo/Townhome under $600K
$390,812
$365,000
118
Condo/Townhome over $600K
$1,031,055
$809,000
119
San Benito County, CA
Single Family under $1M
$573,548
$549,900
89
Single Family over $1M
$1,498,519
$1,275,000
134
Condo/Townhome under $300K
N/A
N/A
N/A
Condo/Townhome over $300K
$418,787
$409,999
128
Alameda County, CA
Single Family under $1M
$576,129
$555,000
63
Single Family over $1M
$1,648,913
$1,389,000
68
Condo/Townhome under $600K
$414,846
$405,000
66
Condo/Townhome over $600K
$719,317
$679,800
56
Contra Costa County, CA
Single Family under $1M
$521,681
$489,000
76
Single Family over $1M
$1,712,851
$1,399,000
79
Condo/Townhome under $600K
$359,500
$348,828
79
Condo/Townhome over $600K
$707,716
$680,600
70
MORTGAGE. National Averages (September 30, 07)*
30-year fixed
Rate - 6.06%
APR - 6.23%
15-year fixed
Rate - 5.69%
APR - 5.96%
5/1 ARM
Rate - 5.85%
APR - 6.78%* 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.
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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