SoCal Multifamily Sales Pulse - November 7, 2021 - November 13, 2021

  • 15 November 2021
  • 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

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

Orange County Closed Sales - MikeLembeck.com

Absorption Rate: 1.85 months
Avg. Cap Rate: 4.35%
Avg. Gross Rent Multiplier: 14.95
14
Closed Sales Last Week
25
Closed Sales - Average Days on Market
$1,641,786
Closed Sales - Average Sales Price
10
Transactions Sold At or Above Asking Price
11
Financed Transactions Last Week
3
All Cash Transactions Last Week
12
2-4 Unit Transactions Last Week
2
5+ Unit Transactions Last Week

13
New Listings Last Week
3
Months of Inventory
131
Total Number of Active Listings
$455,998,661
Active Listings, Dollar Volume
10
Active Under Contract Last Week
6
Pending Listings Last Week
2
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

Long Beach Closed Sales - MikeLembeck.com

Absorption Rate: 2.15 months
Avg. Cap Rate: 4.67%
Avg. Gross Rent Multiplier: 14.28
7
Closed Sales Last Week
34
Closed Sales - Average Days on Market
$1,935,714
Closed Sales - Average Sales Price
2
Transactions Sold At or Above Asking Price
7
Financed Transactions Last Week
0
All Cash Transactions Last Week
6
2-4 Unit Transactions Last Week
1
5+ Unit Transactions Last Week

7
New Listings Last Week
3
Months of Inventory
90
Total Number of Active Listings
$207,061,407
Active Listings, Dollar Volume
5
Active Under Contract Last Week
4
Pending Listings Last Week
1
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

Los Angeles County Closed Sales - MikeLembeck.com

Absorption Rate: 3.66 months
Avg. Cap Rate: 4.67%
Avg. Gross Rent Multiplier: 14.28
96
Closed Sales Last Week
40
Closed Sales - Average Days on Market
$1,469,490
Closed Sales - Average Sales Price
42
Transactions Sold At or Above Asking Price
77
2-4 Unit Transactions Last Week
19
5+ Unit Transactions Last Week

94
New Listings Last Week
11
Months of Inventory
1,560
Total Number of Active Listings
$8,586,517,380
Active Listings, Dollar Volume
45
Active Under Contract Last Week
55
Pending Listings Last Week
33
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

San Diego County Closed Sales - MikeLembeck.com

Absorption Rate: 1.23 months
Avg. Cap Rate: 4.73%
Avg. Gross Rent Multiplier: 14.1
10
Closed Sales Last Week
14
Closed Sales - Average Days on Market
$1,756,000
Closed Sales - Average Sales Price
6
Transactions Sold At or Above Asking Price
10
Financed Transactions Last Week
0
All Cash Transactions Last Week
9
2-4 Unit Transactions Last Week
1
5+ Unit Transactions Last Week

17
New Listings Last Week
10
Months of Inventory
126
Total Number of Active Listings
$1,338,185,420
Active Listings, Dollar Volume
0
Active Under Contract Last Week
22
Pending Listings Last Week
3
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

Riverside County Closed Sales - MikeLembeck.com

Absorption Rate: 2.17 months
Avg. Cap Rate: 5.5%
Avg. Gross Rent Multiplier: 11.7
3
Closed Sales Last Week
31
Closed Sales - Average Days on Market
$523,333
Closed Sales - Average Sales Price
2
Transactions Sold At or Above Asking Price
2
Financed Transactions Last Week
1
All Cash Transactions Last Week
2
2-4 Unit Transactions Last Week
1
5+ Unit Transactions Last Week

8
New Listings Last Week
4
Months of Inventory
86
Total Number of Active Listings
$587,573,262
Active Listings, Dollar Volume
1
Active Under Contract Last Week
6
Pending Listings Last Week
1
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

San Bernardino County Closed Sales - MikeLembeck.com

Absorption Rate: 1.81 months
Avg. Cap Rate: 6.39%
Avg. Gross Rent Multiplier: 9.79
11
Closed Sales Last Week
29
Closed Sales - Average Days on Market
$790,000
Closed Sales - Average Sales Price
9
Transactions Sold At or Above Asking Price
11
Financed Transactions Last Week
0
All Cash Transactions Last Week
10
2-4 Unit Transactions Last Week
1
5+ Unit Transactions Last Week

11
New Listings Last Week
8
Months of Inventory
113
Total Number of Active Listings
$315,116,482
Active Listings, Dollar Volume
3
Active Under Contract Last Week
3
Pending Listings Last Week
0
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.

Register here or Login here to be able to add comment.