2. We saw a drop in sales price right after the home buyers tax credit went away, but this month it’s back up 19% above last year for August
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6. The numbers of properties for sale is staying very consistent this year.
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16. One factor in the rise in both the median for sale and median sold prices is the non-bank homes – their median price is higher than the bank owned homes.
20. California Housing Market Multiple offers also led to home sales with the final sales price exceeding the list price in more instances. Source: California Association of REALTORS
22. First-Time Buyers Research Most are Married 49% are a married couple. Single females comprise a quarter of first-time buyers, and single males account for just 12%. They’re Young More than 1/2 – 53% – are between the ages of 24 and 34. And 12% are younger than 24. Source: National Association of REALTORS 2009 Profile of Home Buyers and Sellers.
23. First-Time Buyers Research They’re Diverse 22% are part of a minority group, compared with 13% of repeat buyers. 6% speak a language other than English , and 12% were not born in the United States Source: National Association of REALTORS 2009 Profile of Home Buyers and Sellers.
24. First-Time Buyers Research They Take Their Time First-time buyers take an average of 12 weeks to find their home, compared to 10 weeks for repeat buyers. They’re Not Afraid of Foreclosures 11% of first-time buyers bought a home in foreclosure, and 56% considered it. Only 9% of repeat buyers bought a foreclosure, and just 41% considered it. Source: National Association of REALTORS 2009 Profile of Home Buyers and Sellers.
25. NODs & Trustees Deeds Filed in CaliforniaI expect the leveling of to continue as it is better for the bank’s bottom line. 2005 - 2009 No. of Defaults or TDs Source: DataQuick Information Systems
26. Let me know if you have any questions about this information, or if I can help you ... Dorothy Kielty 209 489-0621 Dorothy Kielty Coldwell Banker, Gonella Realty 701 W Olive. Ave Merced, CA 95348 Cell: 209-489-0621 Dkielty@GonellaRealty.com www.DorothySellsMerced.com Dorothy Kielty cell 209 489-0621
Editor's Notes
Numbers at top of each column is numbers of units sold
Numbers at top of each column is numbers of units sold
Average days on the market, curved line is the moving average – other line shows months supply of inventory
Average days on the market blue line is a moving average -
Number of for sale properties are shown at the top of each column
Number of for sale properties are shown at the top of each column
Number of sold properties is at the top of each column
Number of sold properties is at the top of each column
Numbers at top of each column is the number of properties under contract
Numbers at top of each column is the number of properties under contract
Numbers at top of each column is the number of new properties on the market
Numbers at top of each column is the number of new properties on the market
Months supply of inventory – blue line is days on market
Months supply of inventory – blue line is days on market
