So Cal Multifamily Sales Pulse - November 26, 2023 - December 2, 2023

03 December 2023
Mike Lembeck

Disclaimer: All information contained herein is obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only. We make no claim(s) as to the accuracy or reliability of the information presented. If you wish for us to analyze your specific property or situation please feel free to call or email us anytime.

Here's What's Happening In The Market, Here’s What This Means For You

New Challenges Ahead for Real Estate Development in Southern California	USC Forecast Predicts Rising Rents and Commercial Real Estate Financing Struggles
To Get Multifamily Deals Done, Investors Look For Owners With Loans Coming Due	Rental Housing’s Key Trends Heading Into 2024
Fannie Mae Sees Return to Economic Growth in 2025	Many Bet That the Federal Reserve Will Cut Rates Soon
Another Month of Negative Multifamily Rent Growth	Home Prices Up Again In Case-Shiller, Fhfa Data Reports
Survey: Most Americans Think A Housing Crash Could Happen Next Year	US Home Sales On Pace For The Worst Year Since 1993
There Are Some Good CRE Opportunities Looking Ahead	Industrial and Multifamily Sectors Face Challenges, Slowdown
KBRA Forecasts 23.6% Uptick in CRE Loan Volume for 2024	Briefing: Behind The Cap Rate Expansion
Americans Are ‘Doom Spending’ — Here’s Why That’s A Problem	Pending Home Sales At Historic Low Level
Our Best Guess for 2024	Fed: CRE Activity Keeps Slowing and Loan Demand Down
CRE Pricing Forecast Is Down, Down, Down	Office Accounts for Nearly 75% of New CMBS Distress
Multifamily Capital Markets Continue to Struggle	Why This UCI Economist Says The Fed Misread Rent Inflation
Commercial Real Estate Prices Unlikely to Reach a Bottom Any Time Soon	Trepp: $352B In Apartment Loans Will Mature By 2027

If you're looking for currently available multifamily properties visit:
https://www.mikelembeck.com/search-the-mls
for access to all available multifamily listings throughout Southern California.

Orange County

Click Links below to view the Orange County
Closed Sales from last week

Live MLS Link expires in 30 days after published

Live MLS Link PDF Link

Closed Sales Last Week

Closed Sales - Average Days on Market

$1,398,223

Closed Sales - Average Sales Price

Transactions Sold At or Above Asking Price

Financed Transactions Last Week

All Cash Transactions Last Week

2-4 Unit Transactions Last Week

5+ Unit Transactions Last Week

New Listings Last Week

Months of Inventory

180

Total Number of Active Listings

$639,780,532

Active Listings, Dollar Volume

Active Under Contract Last Week

Pending Listings Last Week

Expired Listings Last Week

Looking For A Bargain?

Click Here and We’ll Send You The Best Deal in Orange County

Long Beach

Click Links below to view the Long Beach
Closed Sales from last week

Live MLS Link expires in 30 days after published

Live MLS Link PDF Link

Closed Sales Last Week

Closed Sales - Average Days on Market

$1,087,125

Closed Sales - Average Sales Price

Transactions Sold At or Above Asking Price

Financed Transactions Last Week

All Cash Transactions Last Week

2-4 Unit Transactions Last Week

5+ Unit Transactions Last Week

New Listings Last Week

Months of Inventory

129

Total Number of Active Listings

$369,400,585

Active Listings, Dollar Volume

Active Under Contract Last Week

Pending Listings Last Week

Expired Listings Last Week

Looking For A Bargain?

Click Here and We’ll Send You The Best Deal in Long Beach

Los Angeles County

Click Links below to view the Los Angeles County
Closed Sales from last week

Live MLS Link expires in 30 days after published

Live MLS Link PDF Link

Closed Sales Last Week

Closed Sales - Average Days on Market

$1,714,368

Closed Sales - Average Sales Price

Transactions Sold At or Above Asking Price

2-4 Unit Transactions Last Week

5+ Unit Transactions Last Week

108

New Listings Last Week

Months of Inventory

1,966

Total Number of Active Listings

$13,281,522,486

Active Listings, Dollar Volume

Active Under Contract Last Week

Pending Listings Last Week

Expired Listings Last Week

Looking For A Bargain?

Click Here and We’ll Send You The Best Deal in Los Angeles

San Diego County

Click Links below to view the San Diego County
Closed Sales from last week

Live MLS Link expires in 30 days after published

Live MLS Link PDF Link

Closed Sales Last Week

Closed Sales - Average Days on Market

$1,542,857

Closed Sales - Average Sales Price

Transactions Sold At or Above Asking Price

Financed Transactions Last Week

All Cash Transactions Last Week

2-4 Unit Transactions Last Week

5+ Unit Transactions Last Week

New Listings Last Week

Months of Inventory

223

Total Number of Active Listings

$80,976,547

Active Listings, Dollar Volume

Active Under Contract Last Week

Pending Listings Last Week

Expired Listings Last Week

Looking For A Bargain?

Click Here and We’ll Send You The Best Deal in San Diego

Riverside County

Click Links below to view the Riverside County
Closed Sales from last week

Live MLS Link expires in 30 days after published

Live MLS Link PDF Link

Closed Sales Last Week

Closed Sales - Average Days on Market

$402,500

Closed Sales - Average Sales Price

Transactions Sold At or Above Asking Price

Financed Transactions Last Week

All Cash Transactions Last Week

2-4 Unit Transactions Last Week

5+ Unit Transactions Last Week

New Listings Last Week

Months of Inventory

111

Total Number of Active Listings

$410,588,841

Active Listings, Dollar Volume

Active Under Contract Last Week

Pending Listings Last Week

Expired Listings Last Week

Looking For A Bargain?

Click Here and We’ll Send You The Best Deal in Riverside

San Bernardino County

Click Links below to view the San Bernardino County
Closed Sales from last week

Live MLS Link expires in 30 days after published

Live MLS Link PDF Link

Closed Sales Last Week

109

Closed Sales - Average Days on Market

$598,917

Closed Sales - Average Sales Price

Transactions Sold At or Above Asking Price

Financed Transactions Last Week

All Cash Transactions Last Week

2-4 Unit Transactions Last Week

5+ Unit Transactions Last Week

New Listings Last Week

Months of Inventory

128

Total Number of Active Listings

$278,964,353

Active Listings, Dollar Volume

Active Under Contract Last Week

Pending Listings Last Week

Expired Listings Last Week

Looking For A Bargain?

Click Here and We’ll Send You The Best Deal in San Bernardino

<< Back

Comments

No comments.