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Joseph Valdez

CARSON, CA RENTAL MARKET TREND

December 06,2018 | Posted By Joseph Valdez in Real Estate
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In case you want to deal in any property in Carson CA, PROGRESS REAL ESTATE GROUP has comprehensive reports covering relevant real estate trends as under:

Carson, CA - Rental Market Trends*:

In carson, the median rent price for a home is $2,698.The rental apartment in Carson showed no changes in prices over last year. The average rent of apartment was $1,625 previous year which remained at $1,629 (718 sq. ft.average apartment size) this year. However, the rent for apartments is as under: Studio apartments at $925 (407 sq. ft.average apartment size) a month, 1-bedroom apartments at an average $1,531 (640 sq. ft.average apartment size) per month, 2-bedroom apartment at an average of $1,919 (879 sq.ft.average apartment size) a month, & 3-bedroom apartment at an average of $ 2,117 (1072 sq. ft.average apartment size) per month.

Carson, CA Apartment Rent Ranges:

$701-$1,000--------78%,

$1,001-$1,500---22%.

One can take the help of a Real Estate Group/Property Management Carson, CA for finding the right rental property for you.

Housing Market Trends** in Carson, CA:

Carson market trends indicate an increase of about 7% in the price of homes sales over the past year. The median home value in Carson is $537,200 with a median price of $344 per sq. ft., which is lesser to an average of $431 in Los Angeles-Long Beach-Anaheim Metro.115 homes are available for resale in Carson including open houses, and homes with a range of $125,000 to $540,000. The median price of homes currently listed in Carson is $528,950 while that of sold is $538,800. Home prices are likely to increase by 4.7% by next year. The market for home sales is competitive.

Foreclosed Homeowners Underwater in Carson, CA:

In Carson, 0.5 homes per 10,000 are foreclosed which is lower than the national value of 1.2. Foreclosures will remain a factor affecting home values in the coming years. The percent of delinquent mortgages in Carson is 0.8%, lesser than the national value of 1.1%. Mortgage delinquency is the first step in the foreclosure and it happens when a homeowner fails to make a mortgage payment. 2008’s Bubble burst resorted to U.S. home values lowered by more than 20% countrywide from their maximum in 2007 to bottom in 2011. Due to which many homeowners are now in trouble on their mortgages. The homeowners under mortgages owe more than the value of their home.

Overview of Real Estate Market in Carson, CA :

The rise in prices this year and its forecast within next one year is clear indication that real estate property in Carson, CA is a seller’s market which means there are roughly more buyers than there are active homes for sale. A seller’s market in Carson is generally more advantageous for sellers rather than buyers. Every Home typically receives 5 offers. Homes sell for about list price and go pending in around 35 days. Hot Homes can sell for about 2% above the list price and go pending in around 13 days.

*This overview is based on data updated November 2018.

**This overview is based on data updated October 2018.

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