For additional information regarding:

REAL ESTATE DATA

Rentals:

Average monthly rent for 3-bedroom home $1282 (February 2011)

Average monthly rent for 2-bedroom apartment $882 (February 2011)

SOURCE: Madera Housing Authority

Home Prices:

As of February 17, 2011, the current average list price is $145,300 with a median of $92,000 (Madera MLS)

As of February 17, 2011, the average sales price is $129,900 with a median of $120,000 (Madera MLS)

The average home sold at 99.01% of the list price in 2010.

SOURCE:  Madera MLS

Median price of Existing Single-Family Homes:  $140,670 (January 2010)

Median price of Existing Single-Family Homes:  $145,150 (January 2011)

SOURCE:  California Association of Realtors

Industrial & Commercial Prices:
For current Industrial and Commercial rates, please contact the Madera County Economic Development Commission at (559) 675-7768 or visit www.maderacountyedc.com

Building Lease/Sales Rates

Industrial Lease $0.23 - 0.72 per sq. ft.

Industrial Sales Price $25.00 - 75.00 per sq. ft. (Build to Suit; Depending on amenities)

Retail - Shopping Center $0.75 - 3.00 per sq. ft.

Retail - Downtown $0.40 - 0.90 per sq. ft.

Office $0.80 - 2.00 per sq. ft.

Land Sales Price/Improved Sites

Industrial $0.75 – 3.50 per sq. ft.

Retail/Commercial Property $2.50 - 5.50 per sq. ft.

Madera County Industrial Base and Vacancy (4th Quarter 2010)

Total Base (Sq. Ft.) – 7,042,114

Vacancy (Sq. Ft.) – 873,638

Vacancy Rate – 12.41%

SOURCE: Madera County Economic Development Commission 

HOUSING STATISTICS
SOURCE:  CBIA, California Building Industry Association

MADERA HOUSING STATISTICS

MADERA SINGLE-FAMILY HOME STARTS

SOURCE:  CBIA – Housing Starts

MADERA SINGLE-FAMILY NEW HOME SALES

SOURCE:  CBIA – New Home Sales

MADERA SINGLE-FAMILY NEW HOME MEDIAN SALES PRICE 2008-10

SOURCE:  CBIA – Median Prices

MADERA AFFORDABILITY INDEX

SOURCE:  CBIA – Housing Affordability

RESIDENTIAL BUILDING PERMITS ISSUED BY COUNTY 2008-2010 COMPARISON

SOURCE:  CBIA

SOURCE:  Madera County Economic Development Commission

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