According to the California Regional Multiple Listing Service, the average home price in Buena Park has shown a five-year increase with only slight fluctuations along the way. The average price back in 2011 reflected a $350K price point which, has since climbed to nearly $600K as of today. The data showed the largest dip in price around the 2012 where prices lowered to around $300K and the largest increase to $600K in late 2015, which is where they hover today. These steady and impressive average prices can be attributed to the lack of inventory, an improved economy, and relatively low-interest rates which, have made homeownership attainable for so many.
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