Fullerton Market Reports for August, 2019
Market Overview
Median Home Sale Prices for both properties in Fullerton, California to Rise. As the summer draws to a close, multiple opposing factors and trends are competing to define the direction of the real estate market. After the Federal Reserve lowered its benchmark interest rate on July 31, 30-year mortgage rates continued to decline, approaching all-time lows last seen in 2016. Yet most experts agree these reductions are unlikely to bring sufficient relief, at least in the short term, for first-time home buyers.
Median Sales Price
The Median Sales Price of Single Family Homes in Fullerton is $725,000. Fullerton home values have gone up +2.1% from last 12 months. The Median Sales Price of Townhouse-Condo in Fullerton is $445,000. Fullerton home values have gone up +1.1% from last 12 months.
Market Health
There were 115 new listings and 117 Closed Sales for both properties in Fullerton, CA