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Real estate market charts & interest rate charts...


January 2012


Our charts are designed to give you a bird's eye view of the Yuba City real estate market as well as the market for Yuba and Sutter counties.


Yuba City Median Home Price Chart



The median home price in December, 2011 was $149,950.
The median home price peaked in November of 2005 at $352,950.
Prices then declined sharply and hit $158,700 in February of 2009 where they remained relatively stable until about January of 2011. Since then, the median home price has been bouncing around in the $140K to $150K range.

The average home price was $97,563 in January of 1988.
We switched to tracking median home prices in February of 1997.






Yuba City Active Listing Chart



There were 190 Active listings on January 1, 2011
Active listings hit a low of 90 on May 1, 2002.
Active listings peaked on September 1, 2006 at 503.









Yuba City Closed Sales



There were 68 closed sales in December of 2011.
There were 21 closed sales in December of 2007.
There were 119 closed sales in March of 2005











Yuba City housing inventoy in months chart


There were 2.8 months of inventory on hand on January 1, 2012.
Housing Inventory peaked on March 1, 1997 at 22.5 months.
Housing Inventory on January 1, 2008 was 16.7 months.
There were 103 continuous months during the housing recession of the 1990's in which inventory exceeded 5 months. The current housing recession has only seen 30 consecutive months with inventory exceeding 5 months.











Market Value Index

The market value index is another way to measure changing real estate values. We have 6 benchmark homes in Yuba City that represent different segments of our market. We do a market analysis on each of these homes every month.

The index was 140.8 on January 1, 2012.
The index peaked at 284.0 on September 1, 2005 and then declined sharply until hitting 161.2 in March of 2009. It has been declining at the rate of about 4/10ths of a percent per month since then.

The index was 100.0 on January 1, 1998.



Yuba-Sutter Median Home Price Chart



The median home price was $130,000 in December of 2011.
The median home price peaked in December of 2005 at $315,000.
Prices then declined sharply and hit $148,000 in February of 2009. Since then, it has been declining at the rate of about 2/10ths of a percent per month.

The median home price was $122,500 in January of 1999.







Yuba-Sutter Active Listings


There were 440 active listings on January 1, 2012
There were 219 active listings on May 1, 2005
There were 1,048 active listings on September 1, 2006











Yuba-Sutter Closed Sales



There were 173 closed sales in December of 2011
There were 62 closed sales in October of 2007
There were 202 closed sales in October of 2008










Yuba-Sutter Median Home Price Chart




There were 2.5 months of inventory on hand on January 1, 2012.
Housing inventory peaked on December 1, 2007 at 12.9 months.









Historical mortgage interest rate chart



The average 30 year fixed rate in December of 2011 was 3.96%
The average 1 year adjustable interest rate in December of 2011 was 2.79% .

The average 30 year fixed interest rate was 13.04% in February of 1980 but jumped by over 3% in the next two months hitting 16.33% in April of 1980 before dropping back to 12.19% 3 months later. It then climbed over 6% in the next 15 months finally topping out at 18.45% in October of 1981.













Summary - This page contains the following charts;
Yuba City Median Home Price chart
Yuba City Active Listings & Closed Sales chart
Yuba City Inventory chart (in months)
Yuba City Market Value Index chart
30 Year Fixed Historical Interest Rate chart
1 Year Adjustable Historical Interest Rate chart

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quotes"I have nothing but great things to say about Lloyd and his wife, Tracy. They sold my home in four days and helped us get the home that we wanted. He followed up on all details above and beyond anything I expected. He has my highest recommendation.
- John

Contact

Lloyd Leighton Realtors

Address: 1212 Highland Ave.
Yuba City, CA 95991

Phone: (530) 671-6152
Fax: (530) 671-3904