Monthly Archives: December 2015

Dec 27
Ladera Ranch 7 Day Real Estate Activity Report: Sold Listings 12/20 – 12/26/2015

Dec 20
Ladera Ranch 7 Day Real Estate Activity Report: New Listings 12/13 – 12/19/2015

Dec 20
Ladera Ranch 7 Day Real Estate Activity Report: Sold Listings 12/13 – 12/19/2015

Dec 15
National Home Sales Increase, Housing Inventory Dips

BlogStats

Now is a good time to buy a home or list your home for sale. The national housing market trends show an increase in home sales and a decrease in home inventory. National existing-home sales increased in September to the second-highest pace since February 2007. Interest rates are holding steady near 4 percent, and job growth—while modest in comparison with the first half of the year—is still strong. Rent prices have climbed to an eight-year high, making it less affordable to rent and more affordable to own a home.

National Home Sales Increase
Total existing-home sales reached 5.5 million in September, a 4.7 percent increase from August and an 8.8 percent rise above a year ago. What’s more, for the past 12 months, year over year existing-home sales have increased, according to NAR. Gains were recorded in every region of the country. In the Midwest, existing-home sales climbed 2.3 percent in September; sales are 12 percent higher than September 2014. Sales in the South rose 3.8 percent month over month and 5.7 percent year over year. The largest sales gains in September were seen in the Northeast, with an increase of 8.6 percent, and the West, with an increase of 6.7 percent. Year over year, sales rose in the Northeast and West 11.8 percent and 9.5 percent, respectively.

National Inventory Dips
By the end of September, there was a total of 2.21 million existing homes on the market, a decrease of 2.6 percent. This is 3.1 percent lower than a year ago. At the current sales pace, this level of inventory represents a 4.8-month supply—a drop from August’s 5.1-month supply. Persistent inventory shortages have plagued the housing market all year, yet the market has still posted gains. This is thanks in large part to sellers taking advantage of rising home prices to release equity in their current home and either sell up or downsize. First-time buyers, however, are still struggling to find a way into the housing market. First-time buyers represented only 29 percent of the market in September; this is down from August’s yearly high of 32 percent and unchanged from September 2014’s.

Source: Alliance West Mortgage, INC

Dec 13
Ladera Ranch 7 Day Real Estate Activity Report: New Listings 12/06 – 12/12/2015

Dec 13
Ladera Ranch 7 Day Real Estate Activity Report: Sold Listings 12/06 – 12/12/2015

Dec 6
Ladera Ranch 7 Day Real Estate Activity Report: New Listings 11/29 – 12/05/2015

Dec 6
Ladera Ranch 7 Day Real Estate Activity Report: Sold Listings 11/29 – 12/05/2015

Dec 2
Ladera Ranch Real Estate Market Report –
November 2015 (vs. November 2014)

Sales
Single Family Residences
Town-homes/Condominiums
On Market
 -16.7%
60
Newly Listed
 0%
35
Avg Listing Price
 -17.4%
$924,695
Month-of-Inventory
 -17.5%
4
Avg Sqft
 -14%
2,670
Avg Price per Sqft
 -2.9%
$346
Avg Bed(s)
 -7.4%
3.94
Avg Bed(s)
 -6.3%
3.63

On Market
 -7.1%
28
Newly Listed
 +5.3%
19
Avg Listing Price
 +6.4%
$500,784
Month-of-Inventory
 +32.5%
1.6
Avg Sqft
 +7.7%
1,651
Avg Price per Sqft
 -1.7%
$303
Avg Bed(s)
 +6.6%
2.74
Avg Bed(s)
 +7.8%
2.95

Solds
Single Family Residences
Town-homes/Condominiums
Sold
 0%
15
Avg Listing Price
 +12.7%
$925,573
Avg Sqft
 +10.9%
2,713
Avg Price per Sqft
 +2.1%
$341
Avg Days-on-Market
 -7.6%
79
Avg List vs. Sold Price
 -0.6%
96.81%
Avg Bed(s)
 +6.6%
3.93
Avg Bed(s)
 +9.2%
3.6

Sold
 +35.3%
17
Avg Listing Price
 +6.4%
$500,935
Avg Sqft
 +3.8%
1,597
Avg Price per Sqft
 +2.9%
$314
Avg Days-on-Market
 -24.6%
69
Avg List vs. Sold Price
 -2.1%
97.33%
Avg Bed(s)
 -12.4%
2.59
Avg Bed(s)
 -12%
2.76

Should you require more detailed Ladera Ranch Real Estate information, or are in need of superior real estate services, please do not hesitate to contact us at 949.444.9694. Thank you.