Arcadia Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Arcadia averaged
6.52%
for the week of 2023-06-01, compared to the national average of
6.79% for the same period.
The average rate for the prior week (2023-05-25) was
6.2% and
one month ago for the week of 2023-04-27, the
average rate was 5.96%.
Arcadia's average rate one year ago was 5.03%.
For refis of the same type during the week of 2023-06-01, the average rate
was 7.19%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2023-06-01 | 6.79% |
Arcadia 30 Year Fixed Rate | 2023-06-01 | 6.52% |
Arcadia 30 Year Fixed Rate Refi | 2023-06-01 | 7.19% |
Arcadia 15 Year Fixed Rate | 2023-06-01 | 6.28% |
Arcadia 15 Year Fixed Rate Refi | 2023-06-01 | 6.28% |
Arcadia 30 Year FHA | 2023-06-01 | -0.54% |
Arcadia 30 Year FHA Refi | 2023-06-01 | -0.1% |
Arcadia 30 Year USDA | 2023-06-01 | -0.2% |
Arcadia 30 Year USDA Refi | 2023-06-01 | 0% |
Arcadia 30 Year VA | 2023-06-01 | -0.1% |
Arcadia 30 Year VA Refi | 2023-06-01 | 0.2% |
Arcadia Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Arcadia, FL market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Arcadia Average Closing Costs & Other Stats
Arcadia, FL's 76 lenders originated 517
loans during 2022. The total origination value was $112,925,000, with an average loan value of
$218,424.
Arcadia's average closing costs are $5,886.
The top Arcadia lender as defined by loan originations is NTFN, INC., with
20 loans originated. Their average total fees are
$6,985, which is $1,311
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Arcadia lenders (with over 10 loans originated) are
NTFN, INC. ($6,985), UNITED WHOLESALE MORTGAGE, LLC ($7,605), QUICKEN LOANS, LLC ($8,296), .
The lowest rate Arcadia lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (5.02%), NTFN, INC. (5.03%), UNITED WHOLESALE MORTGAGE, LLC (5.08%), .
Arcadia, FL Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
Name | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
---|---|---|---|---|
NTFN, INC. | $20,185,000 | $15,950,000 | -21.0% | 14.1% |
UNITED WHOLESALE MORTGAGE, LLC | $6,350,000 | $7,895,000 | 24.3% | 7.0% |
QUICKEN LOANS, LLC | $13,045,000 | $7,405,000 | -43.2% | 6.6% |
MIDFLORIDA | $4,695,000 | $4,085,000 | -13.0% | 3.6% |
South State Bank | $2,180,000 | $3,920,000 | 79.8% | 3.5% |
CALIBER HOME LOANS, INC. | $3,335,000 | $2,915,000 | -12.6% | 2.6% |
Suncoast Credit Union | $2,660,000 | $2,885,000 | 8.5% | 2.6% |
NFM, INC. | $2,825,000 | $2,835,000 | 0.4% | 2.5% |
Mortgage Research Center, LLC | $2,305,000 | $2,645,000 | 14.8% | 2.3% |
21ST MORTGAGE CORPORATION | $660,000 | $2,525,000 | 282.6% | 2.2% |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $515,000 | $2,405,000 | 367.0% | 2.1% |
CROSSCOUNTRY MORTGAGE, LLC | $2,350,000 | $2,175,000 | -7.4% | 1.9% |
Truist | $3,955,000 | $2,165,000 | -45.3% | 1.9% |
AgFirst Farm Credit Bank | $3,860,000 | $2,095,000 | -45.7% | 1.9% |
PENNYMAC LOAN SERVICES, LLC | $3,550,000 | $2,050,000 | -42.3% | 1.8% |
NAVY FEDERAL CREDIT UNION | $125,000 | $1,870,000 | 1,396.0% | 1.7% |
LOANDEPOT.COM, LLC | $3,830,000 | $1,775,000 | -53.7% | 1.6% |
U.S. Bank | $325,000 | $1,630,000 | 401.5% | 1.4% |
THE MORTGAGE FIRM, INC. | $2,715,000 | $1,585,000 | -41.6% | 1.4% |
Paramount Residential Mortgage Group, Inc. | $860,000 | $1,375,000 | 59.9% | 1.2% |
FREEDOM MORTGAGE CORPORATION | $3,150,000 | $1,310,000 | -58.4% | 1.2% |
HOME POINT FINANCIAL CORPORATION | $4,350,000 | $1,285,000 | -70.5% | 1.1% |
Wells Fargo Bank | $1,410,000 | $1,125,000 | -20.2% | 1.0% |
GUARANTEED RATE AFFINITY, LLC | $440,000 | $1,030,000 | 134.1% | 0.9% |
The Federal Savings Bank | $1,015,000 | n/a | 0.9% | |
Bank of America | $625,000 | $1,005,000 | 60.8% | 0.9% |
FIRST CENTENNIAL MORTGAGE CORPORATION | $535,000 | $915,000 | 71.0% | 0.8% |
BancorpSouth Bank | $885,000 | n/a | 0.8% | |
CHURCHILL MORTGAGE CORPORATION | $580,000 | $860,000 | 48.3% | 0.8% |
Regions Bank | $215,000 | $860,000 | 300.0% | 0.8% |
Synovus Bank | $300,000 | $825,000 | 175.0% | 0.7% |
TRIAD FINANCIAL SERVICES, INC. | $1,015,000 | $800,000 | -21.2% | 0.7% |
Mr. Cooper ( Nationstar Mortgage ) | $1,295,000 | $765,000 | -40.9% | 0.7% |
AMERISAVE MORTGAGE CORPORATION | $1,415,000 | $740,000 | -47.7% | 0.7% |
ACHIEVA CREDIT UNION | $105,000 | $735,000 | 600.0% | 0.7% |
GENEVA FINANCIAL, LLC | $1,805,000 | $735,000 | -59.3% | 0.7% |
BAY EQUITY LLC | $585,000 | $700,000 | 19.7% | 0.6% |
LENDINGHOME FUNDING CORPORATION | $680,000 | n/a | 0.6% | |
MOVEMENT MORTGAGE, LLC | $655,000 | n/a | 0.6% | |
AMERICAN PORTFOLIO MORTGAGE CORPORATION | $645,000 | n/a | 0.6% | |
Citizens Bank | $505,000 | $645,000 | 27.7% | 0.6% |
BOKF | $635,000 | n/a | 0.6% | |
MUTUAL OF OMAHA MORTGAGE, INC. | $600,000 | n/a | 0.5% | |
Wauchula State Bank | $780,000 | $600,000 | -23.1% | 0.5% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $860,000 | $560,000 | -34.9% | 0.5% |
Arvest Bank | $525,000 | n/a | 0.5% | |
MORTGAGE 1 INCORPORATED | $525,000 | n/a | 0.5% | |
POWER FINANCIAL | $505,000 | n/a | 0.4% | |
SOUTHWEST STAGE FUNDING, LLC | $500,000 | n/a | 0.4% | |
LEGEND LENDING CORPORATION | $495,000 | n/a | 0.4% | |
MID AMERICA MORTGAGE, INC. | $565,000 | $495,000 | -12.4% | 0.4% |
Alcova Mortgage LLC | $485,000 | n/a | 0.4% | |
AMERICAN FINANCIAL RESOURCES, INC. | $530,000 | $480,000 | -9.4% | 0.4% |
HOMEBRIDGE FINANCIAL SERVICES, INC. | $155,000 | $460,000 | 196.8% | 0.4% |
CREDIT HUMAN FEDERAL CREDIT UNION | $85,000 | $445,000 | 423.5% | 0.4% |
INLANTA MORTGAGE, INC. | $1,630,000 | $430,000 | -73.6% | 0.4% |
GUILD MORTGAGE COMPANY | $205,000 | $385,000 | 87.8% | 0.3% |
Fifth Third Bank | $485,000 | $375,000 | -22.7% | 0.3% |
Equity Prime Mortgage LLC | $825,000 | $370,000 | -55.2% | 0.3% |
LADERA LENDING, INC. | $365,000 | n/a | 0.3% | |
FBC MORTGAGE, LLC | $355,000 | n/a | 0.3% | |
NETWORK CAPITAL FUNDING CORPORATION | $355,000 | n/a | 0.3% | |
First Bank | $345,000 | n/a | 0.3% | |
First Guaranty Mortgage Corporation | $290,000 | $345,000 | 19.0% | 0.3% |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $345,000 | n/a | 0.3% | |
UNION HOME MORTGAGE CORP. | $1,290,000 | $345,000 | -73.3% | 0.3% |
GUARANTEED RATE, INC. | $795,000 | $330,000 | -58.5% | 0.3% |
Flagstar Bank, FSB | $1,265,000 | $325,000 | -74.3% | 0.3% |
LAKE MICHIGAN CREDIT UNION | $325,000 | $320,000 | -1.5% | 0.3% |
Pinnacle Bank | $315,000 | n/a | 0.3% | |
NEW DAY FINANCIAL, LLC | $275,000 | n/a | 0.2% | |
NOVA FINANCIAL & INVESTMENT CORPORATION | $535,000 | $265,000 | -50.5% | 0.2% |
LAND HOME FINANCIAL SERVICES, INC. | $415,000 | $260,000 | -37.3% | 0.2% |
BROKER SOLUTIONS, INC. | $840,000 | $255,000 | -69.6% | 0.2% |
Carrington Mortgage Services, LLC | $790,000 | $255,000 | -67.7% | 0.2% |
DEEPHAVEN MORTGAGE LLC | $255,000 | n/a | 0.2% | |
NEWREZ LLC | $2,155,000 | $255,000 | -88.2% | 0.2% |
THE MORTGAGE WAREHOUSE,LLC | $255,000 | n/a | 0.2% | |
Commerce Home Mortgage, Inc. | $245,000 | n/a | 0.2% | |
VAN DYK MORTGAGE CORPORATION | $585,000 | $240,000 | -59.0% | 0.2% |
AMERICAN PACIFIC MORTGAGE CORPORATION | $265,000 | $235,000 | -11.3% | 0.2% |
FLAT BRANCH MORTGAGE, INC. | $225,000 | n/a | 0.2% | |
LENDING 3, INC. | $225,000 | n/a | 0.2% | |
HOMESTEAD FUNDING CORP. | $220,000 | n/a | 0.2% | |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $205,000 | n/a | 0.2% | |
AMERIFIRST FINANCIAL CORPORATION | $205,000 | n/a | 0.2% | |
CMG MORTGAGE, INC. | $205,000 | n/a | 0.2% | |
FINANCE OF AMERICA MORTGAGE LLC | $1,565,000 | $205,000 | -86.9% | 0.2% |
VILLAGE CAPITAL MORTGAGE | $205,000 | n/a | 0.2% | |
PNC Bank | $370,000 | $200,000 | -45.9% | 0.2% |
Citizens Bank of Lafayette | $185,000 | n/a | 0.2% | |
EQUITY RESOURCES, INC. | $775,000 | $185,000 | -76.1% | 0.2% |
KeyBank | $185,000 | n/a | 0.2% | |
THRIVE MORTGAGE, LLC | $185,000 | n/a | 0.2% | |
VANDERBILT MORTGAGE AND FINANCE, INC. | $185,000 | n/a | 0.2% | |
JPMorgan Chase Bank | $635,000 | $175,000 | -72.4% | 0.2% |
Mortgage Lenders Investment Trading Corporation | $155,000 | $175,000 | 12.9% | 0.2% |
Premium Mortgage Corporation | $175,000 | n/a | 0.2% | |
SPRING EQ, LLC | $170,000 | n/a | 0.2% | |
AMERICAN FINANCING CORPORATION | $430,000 | $165,000 | -61.6% | 0.1% |
Hometown Lenders, Inc. | $520,000 | $165,000 | -68.3% | 0.1% |
RADIUS FINANCIAL GROUP INC. | $165,000 | n/a | 0.1% | |
EVERENCE FEDERAL CREDIT UNION | $155,000 | n/a | 0.1% | |
First Heritage Mortgage, LLC | $155,000 | n/a | 0.1% | |
Mid-Continent Funding, Inc. | $225,000 | $155,000 | -31.1% | 0.1% |
RUOFF MORTGAGE COMPANY, INC. | $105,000 | $155,000 | 47.6% | 0.1% |
A&D Mortgage LLC | $145,000 | $145,000 | 0.0% | 0.1% |
MICHIGAN MUTUAL, INC. | $125,000 | $145,000 | 16.0% | 0.1% |
Nations Lending Corporation | $375,000 | $145,000 | -61.3% | 0.1% |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $575,000 | $145,000 | -74.8% | 0.1% |
ANGEL OAK MORTGAGE SOLUTIONS LLC | $135,000 | n/a | 0.1% | |
EMM LOANS LLC | $165,000 | $135,000 | -18.2% | 0.1% |
MORTGAGE EQUITY PARTNERS LLC | $135,000 | n/a | 0.1% | |
GEORGIA'S OWN | $125,000 | n/a | 0.1% | |
OPEN MORTGAGE, LLC | $125,000 | n/a | 0.1% | |
AMERICAN BANCSHARES MORTGAGE, LLC | $115,000 | n/a | 0.1% | |
Horizon Bank | $105,000 | n/a | 0.1% | |
Seacoast National Bank | $375,000 | $105,000 | -72.0% | 0.1% |
US MORTGAGE CORPORATION | $95,000 | n/a | 0.1% | |
Plains Commerce Bank | $85,000 | n/a | 0.1% | |
ROYAL UNITED MORTGAGE LLC | $345,000 | $85,000 | -75.4% | 0.1% |
Bank OZK | $155,000 | $65,000 | -58.1% | 0.1% |
Citibank | $55,000 | n/a | 0.0% | |
Republic Bank & Trust Company | $55,000 | n/a | 0.0% | |
Discover Bank | $35,000 | n/a | 0.0% |
Arcadia's top lender by overall market share is NTFN, INC., with 14.1% market share. In second place, with 7.0%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $7,895,000 in loans. In third place, with 6.6%, is QUICKEN LOANS, LLC, having originated $7,405,000 in loans. In fourth place, with 3.6%, is MIDFLORIDA, having originated $4,085,000 in loans. In fifth place, with 3.5%, is South State Bank, having originated $3,920,000 in loans.
Arcadia Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - Arcadia (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
---|---|---|---|---|
2018-01-01 | $249,475 (7.5%) | $402,415 (7.6%) | 0.00 | 93 |
2018-02-01 | $249,900 (10.7%) | $425,661 (20.8%) | 0.00 | 96 |
2018-03-01 | $249,900 (10.6%) | $422,835 (11.3%) | 0.00 | 93 |
2018-04-01 | $240,875 (5.2%) | $409,332 (4.7%) | 0.00 | 93 |
2018-05-01 | $236,000 (-0.8%) | $395,182 (-11.5%) | 0.00 | 106 |
2018-06-01 | $229,000 (-6.0%) | $386,552 (-13.7%) | 0.00 | 105 |
2018-07-01 | $239,950 (4.7%) | $445,255 (-6.1%) | 0.00 | 94 |
2018-08-01 | $239,600 (0.5%) | $524,228 (5.8%) | 0.00 | 90 |
2018-09-01 | $239,700 (4.4%) | $526,935 (12.3%) | 0.00 | 90 |
2018-10-01 | $239,900 (2.5%) | $450,558 (9.9%) | 0.00 | 112 |
2018-11-01 | $239,675 (-2.2%) | $429,468 (-7.3%) | 0.00 | 118 |
2018-12-01 | $229,000 (-7.3%) | $412,169 (-9.5%) | 0.00 | 128 |
2019-01-01 | $227,000 (-9.0%) | $403,161 (0.2%) | 0.00 | 133 |
2019-02-01 | $224,925 (-10.0%) | $393,633 (-7.5%) | 0.00 | 142 |
2019-03-01 | $216,679 (-13.3%) | $395,885 (-6.4%) | 0.00 | 137 |
2019-04-01 | $212,104 (-11.9%) | $399,124 (-2.5%) | 0.00 | 131 |
2019-05-01 | $217,400 (-7.9%) | $405,195 (2.5%) | 0.00 | 126 |
2019-06-01 | $230,000 (0.4%) | $452,249 (17.0%) | 0.00 | 119 |
2019-07-01 | $230,000 (-4.2%) | $429,868 (-3.5%) | 0.00 | 105 |
2019-08-01 | $231,909 (-3.2%) | $425,531 (-18.8%) | 0.00 | 99 |
2019-09-01 | $234,773 (-2.1%) | $420,574 (-20.2%) | 0.00 | 95 |
2019-10-01 | $236,682 (-1.3%) | $417,270 (-7.4%) | 0.00 | 96 |
2019-11-01 | $248,500 (3.7%) | $418,025 (-2.7%) | 0.00 | 113 |
2019-12-01 | $251,625 (9.9%) | $419,004 (1.7%) | 0.00 | 114 |
2020-01-01 | $270,725 (19.3%) | $438,439 (8.8%) | 0.00 | 107 |
2020-02-01 | $282,400 (25.6%) | $414,736 (5.4%) | 0.00 | 101 |
2020-03-01 | $284,450 (31.3%) | $398,030 (0.5%) | 0.00 | 110 |
2020-04-01 | $272,450 (28.5%) | $387,668 (-2.9%) | 0.00 | 104 |
2020-05-01 | $286,000 (31.6%) | $387,554 (-4.4%) | 0.00 | 94 |
2020-06-01 | $282,000 (22.6%) | $451,670 (-0.1%) | 0.00 | 91 |
2020-07-01 | $277,450 (20.6%) | $449,321 (4.5%) | 0.00 | 89 |
2020-08-01 | $277,000 (19.4%) | $449,798 (5.7%) | 0.00 | 79 |
2020-09-01 | $252,225 (7.4%) | $382,747 (-9.0%) | 0.00 | 72 |
2020-10-01 | $249,000 (5.2%) | $381,724 (-8.5%) | 0.00 | 71 |
2020-11-01 | $233,975 (-5.9%) | $405,091 (-3.1%) | 0.00 | 62 |
2020-12-01 | $242,450 (-3.7%) | $395,846 (-5.5%) | 0.00 | 60 |
2021-01-01 | $252,400 (-6.8%) | $413,867 (-5.6%) | 0.00 | 50 |
2021-02-01 | $291,500 (3.2%) | $479,329 (15.6%) | 0.00 | 48 |
2021-03-01 | $293,750 (3.3%) | $553,860 (39.2%) | 0.00 | 45 |
2021-04-01 | $284,000 (4.2%) | $502,677 (29.7%) | 0.00 | 43 |
2021-05-01 | $285,000 (-0.4%) | $435,423 (12.4%) | 0.00 | 46 |
2021-06-01 | $279,250 (-1.0%) | $423,950 (-6.1%) | 0.00 | 51 |
2021-07-01 | $259,900 (-6.3%) | $357,514 (-20.4%) | 0.00 | 48 |
2021-08-01 | $314,269 (13.5%) | $411,615 (-8.5%) | 0.00 | 51 |
2021-09-01 | $284,950 (13.0%) | $378,529 (-1.1%) | 0.00 | 51 |
2021-10-01 | $285,000 (14.5%) | $382,282 (0.2%) | 0.00 | 55 |
2021-11-01 | $336,475 (43.8%) | $409,736 (1.2%) | 0.00 | 50 |
2021-12-01 | $331,950 (36.9%) | $409,263 (3.4%) | 0.00 | 58 |
2022-01-01 | $339,000 (34.3%) | $411,888 (-0.5%) | 0.00 | 52 |
2022-02-01 | $336,750 (15.5%) | $379,609 (-20.8%) | 0.00 | 43 |
2022-03-01 | $337,250 (14.8%) | $422,589 (-23.7%) | 0.00 | 42 |
2022-04-01 | $349,500 (23.1%) | $476,633 (-5.2%) | 0.00 | 49 |
2022-05-01 | $393,750 (38.2%) | $492,799 (13.2%) | 0.00 | 54 |
2022-06-01 | $408,603 (46.3%) | $509,112 (20.1%) | 0.00 | 61 |
2022-07-01 | $472,450 (81.8%) | $542,318 (51.7%) | 0.00 | 71 |
2022-08-01 | $454,350 (44.6%) | $516,492 (25.5%) | 0.00 | 80 |
2022-09-01 | $455,500 (59.9%) | $537,694 (42.1%) | 0.00 | 80 |
2022-10-01 | $439,000 (54.0%) | $532,903 (39.4%) | 0.00 | 73 |
2022-11-01 | $437,000 (29.9%) | $512,709 (25.1%) | 0.00 | 68 |
2022-12-01 | $425,000 (28.0%) | $532,604 (30.1%) | 0.00 | 64 |
2023-01-01 | $399,450 (17.8%) | $525,260 (27.5%) | 0.00 | 64 |
2023-02-01 | $397,400 (18.0%) | $522,684 (37.7%) | 0.00 | 70 |
2023-03-01 | $399,825 (18.6%) | $510,232 (20.7%) | 0.00 | 74 |
2023-04-01 | $395,000 (13.0%) | $472,366 (-0.9%) | 0.00 | 84 |
2023-05-01 | $395,750 (0.5%) | $457,704 (-7.1%) | 0.00 | 79 |
Arcadia's median listing price comes in at 0% of the national average.
Arcadia's average listing price for 2023-05-01 was $457,704, a difference of $-35,095 (-7.1%) versus the prior year and $-14,662 versus the prior month.
For the 2023-05-01 period, Arcadia had 79 MLS listings, a difference of -5 listings (-6%) versus the prior month and 25 listings (46%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Arcadia (CBSA) retrieved from FRED, Federal Reserve Bank of St. LouisDate | Median Listing Time on Market | Median Square Footage |
---|---|---|
2018-01-01 | 0 days | 1,955 sqft |
2018-02-01 | 0 days | 1,931 sqft |
2018-03-01 | 0 days | 1,980 sqft |
2018-04-01 | 0 days | 1,876 sqft |
2018-05-01 | 0 days | 1,721 sqft |
2018-06-01 | 0 days | 1,839 sqft |
2018-07-01 | 0 days | 1,923 sqft |
2018-08-01 | 0 days | 1,948 sqft |
2018-09-01 | 0 days | 1,897 sqft |
2018-10-01 | 0 days | 1,854 sqft |
2018-11-01 | 0 days | 1,749 sqft |
2018-12-01 | 0 days | 1,612 sqft |
2019-01-01 | 0 days | 1,615 sqft |
2019-02-01 | 0 days | 1,610 sqft |
2019-03-01 | 0 days | 1,590 sqft |
2019-04-01 | 0 days | 1,571 sqft |
2019-05-01 | 0 days | 1,657 sqft |
2019-06-01 | 0 days | 1,803 sqft |
2019-07-01 | 0 days | 1,746 sqft |
2019-08-01 | 0 days | 1,723 sqft |
2019-09-01 | 0 days | 1,721 sqft |
2019-10-01 | 0 days | 1,721 sqft |
2019-11-01 | 0 days | 1,760 sqft |
2019-12-01 | 0 days | 1,763 sqft |
2020-01-01 | 0 days | 1,854 sqft |
2020-02-01 | 0 days | 1,864 sqft |
2020-03-01 | 0 days | 1,909 sqft |
2020-04-01 | 0 days | 1,838 sqft |
2020-05-01 | 0 days | 1,811 sqft |
2020-06-01 | 0 days | 1,811 sqft |
2020-07-01 | 0 days | 1,755 sqft |
2020-08-01 | 0 days | 1,801 sqft |
2020-09-01 | 0 days | 1,645 sqft |
2020-10-01 | 0 days | 1,691 sqft |
2020-11-01 | 0 days | 1,739 sqft |
2020-12-01 | 0 days | 1,726 sqft |
2021-01-01 | 0 days | 1,666 sqft |
2021-02-01 | 0 days | 1,716 sqft |
2021-03-01 | 0 days | 1,879 sqft |
2021-04-01 | 0 days | 1,723 sqft |
2021-05-01 | 0 days | 1,714 sqft |
2021-06-01 | 0 days | 1,777 sqft |
2021-07-01 | 0 days | 1,683 sqft |
2021-08-01 | 0 days | 1,809 sqft |
2021-09-01 | 0 days | 1,757 sqft |
2021-10-01 | 0 days | 1,562 sqft |
2021-11-01 | 0 days | 1,638 sqft |
2021-12-01 | 0 days | 1,635 sqft |
2022-01-01 | 0 days | 1,455 sqft |
2022-02-01 | 0 days | 1,528 sqft |
2022-03-01 | 0 days | 1,654 sqft |
2022-04-01 | 0 days | 1,683 sqft |
2022-05-01 | 0 days | 1,720 sqft |
2022-06-01 | 0 days | 1,765 sqft |
2022-07-01 | 0 days | 1,905 sqft |
2022-08-01 | 0 days | 1,874 sqft |
2022-09-01 | 0 days | 1,808 sqft |
2022-10-01 | 0 days | 1,778 sqft |
2022-11-01 | 0 days | 1,687 sqft |
2022-12-01 | 0 days | 1,660 sqft |
2023-01-01 | 0 days | 1,656 sqft |
2023-02-01 | 0 days | 1,597 sqft |
2023-03-01 | 0 days | 1,573 sqft |
2023-04-01 | 0 days | 1,512 sqft |
2023-05-01 | 0 days | 1,675 sqft |
Arcadia's median square footage for active listings during the 2023-05-01 period was 1,675 sqft. One year prior, the average listing was 1,720 sqft.
Arcadia, FL Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 325 | $81,155,000 | $249,708 |
Cash Out Refi | 90 | $18,440,000 | $204,889 |
Refi | 46 | $7,100,000 | $154,348 |
Other | 29 | $3,205,000 | $110,517 |
Home Improvement | 27 | $3,025,000 | $112,037 |
Arcadia's most frequently cited loan purpose was Home Purchase, with 325 originations. The 2nd most popular reason was Cash Out Refi, with 90 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
5-6% | 144 | $29,830,000 | $207,153 |
3-4% | 125 | $29,055,000 | $232,440 |
4-5% | 116 | $26,330,000 | $226,983 |
6-7% | 54 | $12,720,000 | $235,556 |
7-8% | 23 | $5,105,000 | $221,957 |
2.5-3% | 22 | $4,480,000 | $203,636 |
Over 8% | 15 | $2,505,000 | $167,000 |
<2.5% | 14 | $1,940,000 | $138,571 |
During 2022, Arcadia's most frequently originated rate bucket was 5-6%, with 144 originations.
Loan Sizing (Arcadia, FL MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$200k-400k | 216 | $58,010,000 | $268,565 |
$100k-200k | 188 | $28,010,000 | $148,989 |
$100,000 or less | 72 | $4,290,000 | $59,583 |
$400k-600k | 31 | $15,015,000 | $484,355 |
$600k-1000k | 9 | $6,575,000 | $730,556 |
$Over $1MM | 1 | $1,025,000 | $1,025,000 |
Arcadia's loan sizing saw the bucket of loans from $200k-400k with 216 originations, totaling $58,010,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 222 | $56,610,000 | $255,000 |
60-80% | 123 | $29,185,000 | $237,276 |
40-60% | 67 | $13,415,000 | $200,224 |
20-40% | 48 | $6,440,000 | $134,167 |
Under 20% | 39 | $2,065,000 | $52,949 |
Over 100% | 8 | $2,610,000 | $326,250 |
Arcadia's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 222 originations, totaling $56,610,000 in origination value.