Fullerton real estate is moving quickly but pending sales are way down for this time of the year. Strapped with declining inventory, anything that is priced right is selling as soon as it goes on the market. The number of days on the market for both single family and townhouse-condo properties is around 3 weeks. Fullerton real estate sellers received on average 99.1% of their original list price.
Year over year new listings were down 20.9% for single family homes and 2.4% for townhouse-condo properties. Pending sales decreased 54.7% for single family homes and decreased 27.3% for townhouse-condo properties. The median sales price was up 4.3% from this time last year to $699,000 for single family homes and down 14.1% to $418,948 for townhouse-condo properties. The supply of Inventory decreased 22.1% for single family units and decreased 5.3% for townhouse-condo units.
For the complete statistical Fullerton Real Estate Report click here.
Source: Pacific West Association of Realtors