Professional Experience
Serving the areas of
Los Angeles County
Orange County
and parts of
Riverside County
Residential Sales & Listings
Property Acquisitions
1031 Exchanges
Short Sales
Broker Price Opinion
Notice of Default
Foreclosures
Member of the National Association of REALTORS
Member of the California Association of REALTORS
Member of Pacific West Association of REALTORS
Board Member of PWR Professional Standards
Committee (2007-Present)
Ethics Advocate at PWR (2017-Present)
Board Member of PWR Charity Foundation (2008-2010)
Chair of PWR Grievance Committee (2006)
Vice Chair of PWR Grievance Committee (2005)
Grievance Committee Member (2001-2004)
Office Manager (2006-2008)
My Real Estate
&
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Glenn Gaspar
DRE# 01048604
Contact me so that I can answer your questions and be of service.
Contact Me:
C: 714 | 612 | 0995
E: GlennGaspar@Gmail.com
*REO data is updated late Tuesday and Friday night.
DRE# 01048604
Housing Market Update
The Real Direction of Real Estate
End of Q3 Housing Market Update: 2024
Southern California home prices remained high through September, showing resilience despite slower sales, more listings, and elevated mortgage rates. All six counties in the region experienced year-over-year home price increases, ranging from 1% in Ventura County to nearly 12% in Orange County, the region’s priciest market. San Diego County saw a 6% increase, Riverside County 5%, San Bernardino County 3%, and Los Angeles County close to 2%.
While high mortgage rates and price growth fatigue have influenced buyer behavior, these factors also present a unique opportunity for those considering a purchase now. Many potential buyers are on the sidelines due to these conditions, which means less competition and potentially more negotiating power for active buyers.
Notably, homeowners with lower mortgage rates are hesitant to sell, keeping inventory relatively tight and creating stability in home values. With nearly 86% of U.S. borrowers locked into rates below the current average of 6.8%, a significant number are holding off on listing, which limits options for buyers waiting for a substantial price drop. Back to home Page
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Q3 Housing Market Update (cont.)...
Here’s a breakdown of Southern California’s September home prices and sales by county:
- **Los Angeles County**: Median price rose 1.6% to $850,000; sales increased 1.5% to 4,281 transactions.
- **Orange County**: Median price rose 11.6% to almost $1.18 million; sales declined 7% to 1,787 transactions.
- **Riverside County**: Median price rose 5.4% to $579,500; sales declined 8.2% to 2,407 transactions.
- **San Bernardino County**: Median price rose 3.2% to $498,750; sales declined 18.2% to 1,612 transactions.
- **San Diego County**: Median price rose 6.2% to $880,000; sales declined 6.4% to 1,987 transactions.
- **Ventura County**: Median price rose 1.2% to $820,000; sales declined 2.6% to 489 transactions.
This market environment offers a rare window to make a purchase at a time when demand pressures are temporarily eased. Buying now allows you to establish yourself in a market that continues to demonstrate resilience, setting you up to benefit as conditions shift in the future.
Here to help you with our real estate questions, tours or to advise you on your next step. Always feel free to reach out to me.
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Prices:
Year-to-Date, this graph displays how prices have averaged on a monthly basis. The months of December and January are traditional slow due to the holiday season.
Sales:
Year-to-Date, sales started to dip downward hitting a low point in January. Since then it hit its peak in May, and then has began to retrace downward.
Price by County:
Orange County continues to be the million dollar market for Southern California. The counties of Riverside and San Bernardino offer affordability to a home buyer.
GLENN GASPAR
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DRE# 01048604
REAL ESTATE PROFESSIONAL
My Goal As A REALTOR...
To Change Society's Perception of Real Estate Agents,
One Client at a Time.
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Approaching the real estate market.
Buying too late in a market cycle will trap you in a home. Selling to early in a market cycle will lose you money.
Using the correct real estate strategy when buying, selling, or investing will be the key to your success in real estate.
With my experience combined with data-driven platforms I subscribe to help me. I am able to properly guide all of my clients according to their needs and goals when purchasing real estate.
person_outlineMy Work Experience
My business philosophy...
To dedicate myself exclusively to my client and focus on providing quality service,
expert market knowledge, and unbiased assistance. With the ultimate goal to enable
them to achieve "THEIR" real estate goals.
What past clients have said about my service.
"He went above & beyond to help me find my home. His interest is to protect the client." L. Luong
How To Contact Me
"He was prompt, knowledgeable and kind. He was very responsive."
S. Peterson
"Glenn was great to work with. He was always available to answer my questions and responded immediately to my emails and phone calls. He was optimistic and knowledgeable." L. Avelar
"Glenn was great. Knowledgeable and very helpful. Would work with him again." S. Remer
"Glenn was outstanding. Always on top of the ball. Glenn was excellent with his advice and outstanding service." J. Tando
How to contact me:
Glenn Gaspar
27290 Madison Ave.
Temecula, CA 92590
C: 714 | 612 | 0995
E: GlennGaspar@Gmail.com
CA DRE#: 01048604