4S Ranch California Real Estate Market Statistics ( November-2010 )

4S Ranch Real Estate Market Snapshot (November-2010)

Greetings, The Fed will be purchasing $600 billion in long term Treasury securities from now till well into next year to help stimulate the economy. As of today mortgage interest rates are at an astonishing 4.125%. On the home front the key metrics below will provide some insight into the 4S Ranch single family home, and condo/townhome market:

4S Ranch Single Family Homes

• November, 2010: 4S Ranch Homes for Sale: 66 (Active, contingent, and pending)
• November, 2010: 4S Ranch Months of Inventory: 5.8
• October, 2010: 4S Ranch Median Home Price $694,000; 7% lower than October, 2009
• October, 2010: 4S Ranch Homes Sold: 16; 78% higher than October, 2009

4S Ranch Condos and Townhomes

• November, 2010: 4S Ranch Condos for Sale: 33 (Active, contingent, and pending)
• November, 2010: 4S Ranch Months of Inventory (Condos): 6.3
• October, 2010: 4S Ranch Median Condo Price: $360,000; 2% higher than October, 2009
• October, 2010: 4S Ranch Condos Sold: 2; 80% lower than October, 2009

Thank you for reading!

Stephen MacLeod
Broker/Owner
Highland Realty