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Steven QuachSteven Quach
  • Sell
    • Sellers’ Roadmap
  • Buy
  • Financing
  • Market Trends
  • (323) 868-8796

How's The Market?

If you're thinking about buying or selling a home in Southern California or the San Francisco Bay Area, there are many trends to consider. Below are the top trends to keep in mind when you enter the market and make your move.

Median Sales Price

The median price reflects the overall health of the housing market in your area. A stable or rising median could indicate a healthy market. Conversely, a significant drop might suggest a cooling market, potentially impacting your buying or selling power.

Northern California

5 Year Timeline

10+ Year Timeline

Southern California

5 Year Timeline

10+ Year Timeline

Average Days on Market (DOM)

When buying or selling real estate, looking at the average days on market (DOM) can indicate if a property is overpriced or underpriced by how many days it takes for a property to sell compared to the average of other similarly sold properties. The California market can be subdivided into many local submarkets. Each submarket will have its own average days on market that will determine how many days properties sell in the area.

Northern California

5 Year Timeline

10+ Year Timeline

Southern California

5 Year Timeline

10+ Year Timeline

Inventory Months Supply

The average inventory and months' supply, which is the number of active listings that go pending (under contract), can indicate how quickly prices will rise or fall depending on the market. Historically, six months of supply is associated with a balanced market and moderate price appreciation. A lower level of months' supply tends to indicate a seller's market and push prices up more rapidly. Conversely, a higher level of months' supply can signal a buyer's market where prices may stagnate or even decline.

Northern California

5 Year Timeline

10+ Year Timeline

Southern California

5 Year Timeline

10+ Year Timeline

Mortgage Rate History

Interest rates play a significant role in California's housing market. Higher Rates: Lead to less affordable mortgages, reducing buyer demand and potentially lowering home prices. Lower Rates: Make mortgages more affordable, increasing buyer competition and potentially driving up home prices. However, other factors like available inventory and property type also influence prices.

The 15-year and 30-year average interest rates below show the current borrowing costs for a residential single-family home. Interest rates will significantly vary by loan products, property type, amortization schedule, occupancy type, lender terms, and much more.

Serving Orange County, Contra Costa County, & surrounding areas.

  • Steven Quach, REALTOR | CA DRE #01800954 | NMLS #2066638
  • Quach Realty | Real Estate Services
  • 18430 Brookhurst St Suite 202 D Fountain Valley CA 92708
  • (925) 609-4486
  • steven@quachrealty.com
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  • What’s My Property Worth?

© 2025 Steven Quach, Independent Real Estate Broker | REALTOR® | CA DRE #01800954 | Mortgage Loan Originator w/ Loan Factory, Inc | NMLS #2066638

Location: Proximity to desirable amenities and infrastructure. 

Floor Plan: Functionality and efficient use of space.

Competitive Landscape: Comparable properties that are active, pending sale, and sold.

Market Fluctuations: Market trends that influence supply and demand.

First Impressions: Property condition and curb appeal from a buyer perspective.

Market Pricing: Revealing the right price for a swift and successful sale.

Automated valuation models (AVMs) on sites like Zillow and Redfin can provide a general estimate of your home’s value, but they may not consider important factors such as property amenities, property condition, neighborhood amenities, school district boundaries, date of sale, proximity of sale, and other factors influencing the price a buyer is willing to pay for your property. For a more accurate valuation, contact me today for a free, customized report.