Inventory

Inventory & Market Report – 4/19/08

Zip Codes: 91006, 91007market_icon.jpg

Current Market Listings as of April 19th, 2008*
Properties for Sale: 222 (-21)
Median Listing Price: $799,000 (+1.1%)

Weekly Foreclosure Update*
Properties in Foreclosure: 21 (+1)
Properties in Pre-Foreclosure: 66 (-4)
*+/- is compared to previous week’s data.

A couple of weeks ago, a reader suggested that we provide some sort of rental data. I thought it was a great idea so here’s what your money can get you in Arcadia.

$800-1,000:
A dated 700-800sf studio apartment or a small guest house.

$1,000 – 1,500:
1 bed /1 bath apartment ($1,095 example).
2 bed/ 1 bath guest house ($1,300 example).
2 bed/1 bath apartment ($1,495 example).

$1,500 – 2,500:
 2/1 single family home ($1,695 example).
2/2 large apartment ($1,795 example).
3/1 single family home ($2,000 example).
3/2.5 townhome ($2,280 example, $2,495 example).

$2,500 – 3,500
3/1.75 or 4/3 single family home. ($2,595, $2,850)
4/2 or 3/2 single family home. ($3,000, $3,300)

$3,600 – 4,500
3/2 “Executive Ranch” in The Oaks + Panoramic View. ($4,300)

These are just the listings I found on Craigslist. There will be a couple of sources we’ll be looking to in the future to find more single family home rentals.

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Property and foreclosure numbers obtained from U.S. Census, ZipRealty, Trulia, Yahoo Real Estate and Foreclosure.com. Market listings and price data obtained from DataQuick News.