HIGHS AND LOWS - Claremont, CA - November 15, 2011

HIGHS AND LOWS - Claremont, CA - November 15, 2011

Okay, so here is today's report for the Claremont, CA real estate market.

SINGLE FAMILY RESIDENCE

Lowest Priced Home   $     170,000

Highest Priced Home   $  4,000,000

Average   $     499,000

Active Listings   128

Sold This Week  6

New Listings This Week  8

WHAT THIS MEANS TO YOU:  You now have more information about what's happening with the CLAREMONT REAL ESTATE MARKET so you can make an informed decision on whether this city is right for you and if the prices fit into your budget.  The last blog had the average price in CLAREMONT at $499,000 and this week that average has maintained the same amount, $499,000.

The other thing you can learn from this information is the saturation rate of the existing active real estate listings.  The saturation rate is determined by the amount of sales in a week and the number of listings available for sale.  So in this case, there are 128 homes being actively marketed by Realtors for sale.  If you divide those 128 by the number of homes sold this week, in this case two, you have your saturation rate.  This means that if you placed your home on the market to sell you can expect it to take a little over 21 weeks to complete the sale of your home.  That is if no other listings come into the real estate marketplace during that time.  And we all know how likely that is, now don't we...  In fact this past week there were eight new listings.

HOW THIS AFFECTS YOU:  If your price is competitive and your home is in relatively decent shape you can have it sold in as little as one day or as much or more than the 21 weeks.  It also depends on the agent you are using.  The more aggressive your agent's marketing plan is for your home, the more exposure your home gets and you can see that would have a great impact.  On the other hand, if you use someone who merely puts your home on the MLS and does nothing more, it will most likely take a little more time to sell.  

If you are a buyer, this means you have a large selection to choose from and you have a better chance right now of getting an offer accepted.  

CONDOS AND TOWNHOMES

Lowest   $   199,900

Highest   $ 702,688

Average   $ 309,000

Active Listings   14

Condos Sold This Week  0

New Listings This Week  0

So if the same holds true for CONDOS, then it would take approximately 14 weeks to sell your condo or townhome.  And a buyer has only 14 to choose from right now.  It seems that during these trying economic times, people are really not doing much in the way of buying or selling condos.

Warmest Regards,
Linda K. Mayer,
Realtor, Office Manager  
License # 01767321
A Realtor you can Trust!
(626) 824-8927 Cell
(909) 670-2711 Direct
LindaKMayer@live.com
Linda's Website

HIGHS AND LOWS - CLAREMONT, CA - OCTOBER 10, 2011

HIGHS AND LOWS - CLAREMONT, CA - OCTOBER 10, 2011

SINGLE FAMILY RESIDENCE

Lowest Priced Home  $159,500

Highest Priced Home $4,000,000

Average $499,000

Active Listings  141

Sold This Week  6

WHAT THIS MEANS TO YOU:  You now have more information about what's happening with the CLAREMONT REAL ESTATE MARKET so you can make an informed decision on whether this city is right for you and if the prices fit into your budget.  

The other thing you can learn from this information is the saturation rate of the existing active real estate listings.  The saturation rate is determined by the amount of sales in a week and the number of listings available for sale.  So in this case, there are 141 homes being actively marketed by Realtors for sale.  If you divide those 141 by the number of homes sold this week, in this case eight, you have your saturation rate.  This means that if you placed your home on the market to sell you can expect it to take a little over  23 weeks to complete the sale of your home.  That is if no other listings come into the real estate marketplace during that time.  And we all know how likely that is, now don't we...

HOW THIS AFFECTS YOU:  If your price is competitive and your home is in relatively decent shape you can have it sold in as little as one day or as much or more than the 23 weeks.  It also depends on the agent you are using.  The more aggressive your agent's marketing plan is for your home, the more exposure your home gets and you can see that would have a great impact.  On the other hand, if you use someone who merely puts your home on the MLS and does nothing more, it will most likely take a little more time to sell.  

If you are a buyer, this means you have a bigger selection to choose from and you have a better chance right now of getting an offer accepted.  And in the past month or so, the inventory is increasing in size, so the statement that you have more choices is getting bigger by the week. 

CONDOS AND TOWNHOMES   

Lowest    $ 158,000

Highest   $ 702,688

Average  $ 309,000

Active Listings  17

Condos Sold This Week 1

So if the same holds true for CONDOS, then it would take approximately 17 weeks to sell your condo or townhome.  And a buyer only has 17 to choose from right now.  It seems that during these trying economic times, people are really not doing much in the way of buying or selling condos.

And, as always, if you have real estate questions or need to buy or sell a home, please feel free to call me, a local expert.  I will be honored to assist you.
**All information is taken from the IMRMLS.


CLAREMONT LIVING!

Warmest Regards,
Linda K. Mayer,
Realtor, Office Manager  
License # 01767321
A Realtor you can Trust!
(626) 824-8927 Cell
(909) 670-2711 Direct
LindaKMayer@live.com
Linda's Website

HIGHS AND LOWS - CLAREMONT, SEPTEMBER 21, 2011

HIGHS AND LOWS - CLAREMONT, SEPTEMBER 21, 2011


Okay, so here are the highs and lows of Claremont today.


SINGLE FAMILY HOMES


Highest Priced Home$ 4,000,000
Lowest Priced Home$    240,000
Average$    475,000
# Of Active Listings 101
Sold Homes This Week  3


WHAT THIS MEANS TO YOU:  You now have more information about what's happening with the CLAREMONT REAL ESTATE MARKET so you can make an informed decision on whether this city is right for you and if the prices fit into your budget.  


The other thing you can learn from this information is the saturation rate of the existing active real estate listings.  The saturation rate is determined by the amount of sales in a week and the number of listings available for sale.  So in this case, there are 101 homes being actively marketed by Realtors for sale.  If you divide those 101 by the number of homes sold this week, you have your saturation rate.  This means that if you placed your home on the market to sell you can expect it to take a little over 33 weeks to complete the sale of your home.  That is if no other listings come into the real estate marketplace during that time.  And we all know how likely that is, now don't we...


HOW THIS AFFECTS YOU:  If your price is competitive and your home is in relatively decent shape you can have it sold in as little as one day or as much or more than the 48 weeks.  Whether your home is a standard sale, a short sale or a bank owned sale also factors in.  Short sales can take a long time to get an answer and many times the first buyers will back out and you have to start over with another.  REO's are a bit faster, and standard sales are in demand!


It also depends on the agent you are using.  The more aggressive your agent's marketing plan is for your home, the more exposure your home gets and you can see that would have a great impact.  On the other hand, if you use someone who merely puts your home on the MLS and does nothing more, it will most likely take a little more time to sell.  


If you are a buyer, this means you have a bigger selection to choose from and you have a better chance right now of getting an offer accepted.  Just remember, if the home you want is a short sale it could literally take a few months to complete the sale, so be patient!

CONDOS/TOWNHOMES


Highest Priced Condo$ 702,688
Lowest Priced Condo$  158,000
Average$  339,000
# of Active Listings       15
Sold Condos This Week   1


So if the same holds true for CONDOS, then it would take 15 weeks to sell your condo or townhome.  And a buyer only has 15 to choose from right now.  It seems that during these trying economic times, people are really not doing much in the way of buying or selling a condo.


And, as always, if you have real estate questions or need to buy or sell a home, please feel free to call me, a local expert.  I will be honored to assist you.

Warmest Regards,
Linda K. Mayer,
Realtor, Office Manager  
License # 01767321
A Realtor you can Trust!
(626) 824-8927 Cell
(909) 670-2711 Direct
LindaKMayer@live.com
Linda's Website

HIGHS AND LOWS - CLAREMONT, CA - AUGUST 24, 2011

HIGHS AND LOWS - CLAREMONT, CA - AUGUST 24, 2011

Okay, so here are the prices in CLAREMONT, CA as of today, August 24, 2011.


Single Family Residence
Lowest Price        $  159,000
Highest Price       $4,000,000
Average              $   489,000
No. of Listings                 147
Sold this Week                   4

What this means to you: You have more information so you can make an informed decicion on whether CLAREMONT is a good decision for your family and if the prices are within your grasp.

The other thing you can take away from this is the saturation rate.  The saturation rate is determined by the amount of sale in a week and the number of listings on the market.  So in this case, there are 147 homes currently listed.  If you divide those by the four sold this week, it means that it would take 36.75 weeks to sell everything already in the inventory if no more listings are put into the market place.   

How this affects you:  If you placed your home on the market today it could take as long as eight months to sell your home or as little as a day.  This would depend on how competitive your price is, the condition of your home and the aggressiveness of your agent's marketing campaign.  If you are a buyer, there are more homes to choose from and you have a better chance of getting an offer accepted.


Condos and Townhomes
Lowest Price        $  145,000
Highest Price       $  702,688
Average              $   375,000
No. of Listings                 24
Sold this Week                  1


So the saturation of condos and townhomes is 24 weeks if nothing more comes onto the CLAREMONT REAL ESTATE MARKET.


And, as always, if you have real estate questions or need to buy or sell a home, please feel free to call me, a local expert.  I will be honored to assist you.

Warmest Regards,
Linda K. Mayer,
Realtor, Office Manager  
License # 01767321
A Realtor you can Trust!
(626) 824-8927 Cell
LindaKMayer@live.com
Linda's Website

HIGHS AND LOWS - CLAREMONT , AUGUST 10, 2011

HIGHS AND LOWS - CLAREMONT , AUGUST 10, 2011

Okay, so here are the CLAREMONT Highs and Lows for today, August10, 2011.



SINGLE FAMILY RESIDENCES:
LOWEST:                             $159,900
HIGHEST:                             $4,000,000
AVERAGE:                           $449,000
# LISTINGS:                         146 ON MARKET
SOLD THIS WEEK:               5


What this means to you: You have more information so you can make an informed decicion on whetherCLAREMONT is a good decision for your family and if the prices are within your grasp.


The other thing you can take away from this is the saturation rate.  The saturation rate is determined by the amount of sale in a week and the number of listings on the market.  So in this case, there are 146 homes currently listed.  If you divide those by the five sold in one week, it means that it would take 29.2 weeks to sell everything already in the inventory if no more listings are put into the market place.
   
How this affects you:  If you placed your home on the market today it could take as long as six months to sell your home or as little as a day.  This would depend on how competitive your price is, the condition of your home and the aggressiveness of your agent's marketing campaign.  If you are a buyer, there are more homes to choose from and you have a better chance of getting an offer accepted.



CONDOS AND TOWNHOMES:

LOWEST:                             $158,000
HIGHEST:                             $702,688
AVERAGE:                           $344,900
# LISTINGS:                         24 ON MARKET
SOLD THIS WEEK:  4


So the saturation of condos and townhomes is six weeks if nothing more comes onto the CLAREMONT REAL ESTATE MARKET.

And, as always, if you have real estate questions or need some help with selling or buying your home, turn to a local expert.  Give me a call and I will be more than honored to assist you.


CLAREMONT LIVING!

Warmest Regards,
Linda K. Mayer,
Realtor, Office Manager  
License # 01767321
A Realtor you can Trust!
(626) 824-8927 Cell
LindaKMayer@live.com
Linda's Website

HIGHS AND LOWS - CLAREMONT , JULY 22, 2011

HIGHS AND LOWS - CLAREMONT , JULY 22, 2011

Okay, so just another addendum to the REAL ESTATE MARKET WATCH segments I've been doing:  In the future, this will be included in the MARKET WATCH blogs.  

SINGLE FAMILY HOMES

There are 110 Active Listings in CLAREMONT as of today.

Highest Priced Home is -  $4,000,000

Lowest Priced Home is - $159,500

Average Home Price in  - $741,000  

CONDOS AND TOWNHOMES

There are 16 Active Listings in CLAREMONT today.

Highest Priced Home is $702,688

Lowest Priced Home is $159,000

Average Priced Home is $389,000

You can see from this pricing that ther are fabulous parts of CLAREMONT, and then there are median parts and definitely some  lower-end parts.  But the upside is -THERE IS SOMETHING FOR EVERYBODY in CLAREMONT!    

CLAREMONT LIVING!

Warmest Regards,

Linda K. Mayer, 
Realtor, Office Manager
A Realtor you can Trust!
(626) 824-8927 Cell