What Are The Actual Numbers?

The latest complete month available is November 2021. All numbers are year over year comparisons to November 2020.

The total number of sales was 3,181, a slight decline of 3.5%, however the median price for all sales was $919,000, a 14.9% increase from the previous year.

The resale market rose 17.3% to $1,032,000, but sales dipped 3.2% to 1,977.

Condos had the greatest appreciation coming in with a median price of $650,000, a 19.5% rise. Sales were also off with a total of 893, a 4.3% drop.

New homes were fairly static, the median price $941,000, up 0.2%, and sales off 3.1% with 311. The average monthly payment rose significantly to $3,939 from $3,464, a reflection of both higher rates and prices.

Please feel free to contact us at Premier Funding Network if you have questions about buying or refinacing your home. 714-283-9900

 


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