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Anthony Lum's Blog

By ANTHONY LUM | Broker in Saratoga, CA

January 28,2011 Housing Snapshot

I hope you will find the following snapshot of local Real Estate inventory interesting. The table represents aggregated values based on MLS data for the specified date.

Housing Inventory Snapshot

January 28, 2011

 

Average List Price

Median List Price

Average Days On Market

Santa Clara County, CA

Single Family under $1M

$543,117

$509,000

83

Single Family over $1M

$2,319,089

$1,649,000

100

Condo/Townhome under $600K

$314,632

$294,168

88

Condo/Townhome over $600K

$829,202

$729,000

85

San Mateo County, CA

Single Family under $1M

$591,918

$565,000

92

Single Family over $1M

$2,808,558

$1,570,000

101

Condo/Townhome under $600K

$372,637

$369,000

95

Condo/Townhome over $600K

$765,818

$709,888

78

 

MORTGAGE. National Averages (January 28, 2011)*

30-year fixed

Rate - 4.78%

APR - n/a%

15-year fixed

Rate - 4.08%

APR - n/a%

5/1 ARM

Rate - 3.42%

APR - n/a%


* 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.
** There are not enough listings in this category to compile comparative analysis.
*** MLS doesn't provide access to this data.

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