Fullerton Homes Market Comparison Report (March 2009 vs. March 2010)
We analyze several housing market indicators in order to present an in-depth breakdown of Fullerton Homes Market comparing March 2009 to March 2010.
Summary of Key Points
Fullerton Homes for Sale is showing continuing signs of improvement with median sales price climbing up while at the same time houses are selling faster. Sellers received 98% of asking price compared to 96% last year.
Key Statistics,Fullerton,CA: Median Sales Price (7.3%), Median Days on Market (-13.01%), and Number of Units Sold (13.79%), Sales Price to List Price Ratio (March 09 96% – March 10 98%)
The city of Fullerton experienced a 7.30% increase in median sales price from last year going up from $487,267 (March 09) to $522,846 (March 2010). Median days on market data for Fullerton show that houses are selling faster than March 09. It took 63 days in March 09 for a house to sell and for March 10 that number has gone down to 55 days (a 13.01% improvement). Another important factor to consider is total number of units sold. In the month of March 09, 58 units were sold compared to 66 for March 10 (13.79% change). Lastly we are going to take a look at the Sales Price to List Price Ratio for Fullerton. SP/LP ratio for March 09 was 96% compared to 98% for March 10.
Let’s take a brief look at neighbors Anaheim and Orange. Anaheim Homes featured a 10.86% increase in median sales price ($335,976 March 09 – $372,477 March 10) and Orange Homes saw a 5.04% increase ($489,470 March 09 – $514,148 March 10). Are houses in Anaheim and Orange selling faster or slower this year? Well, Anaheim experienced a 12.89% decrease (68 to 59 days) in median days on market and Orange a 10.69% increase (73 to 81 days). In the units sold category, Anaheim sold 13 units less (-9.77%) in March 2010 than 09 and Orange sold 11 units less (-10.98%) in March 2010 than March 09.
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