EL CENTRO Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in El Centro averaged
6.66%
for the week of 2023-05-25, compared to the national average of
6.57% for the same period.
The average rate for the prior week (2023-05-18) was
6.48% and
one month ago for the week of 2023-04-20, the
average rate was 6.58%.
El Centro's average rate one year ago was 5.34%.
For refis of the same type during the week of 2023-05-25, the average rate
was 5.85%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-05-25 | 6.57% |
| El Centro 30 Year Fixed Rate | 2023-05-25 | 6.66% |
| El Centro 30 Year Fixed Rate Refi | 2023-05-25 | 5.85% |
| El Centro 15 Year Fixed Rate | 2023-05-25 | 5.87% |
| El Centro 15 Year Fixed Rate Refi | 2023-05-25 | 4.75% |
| El Centro 30 Year FHA | 2023-05-25 | 6.12% |
| El Centro 30 Year FHA Refi | 2023-05-25 | 6.61% |
| El Centro 30 Year USDA | 2023-05-25 | 5.64% |
| El Centro 30 Year USDA Refi | 2023-05-25 | 6.43% |
| El Centro 30 Year VA | 2023-05-25 | 5.91% |
| El Centro 30 Year VA Refi | 2023-05-25 | 6.41% |
EL CENTRO 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 EL CENTRO, CA 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.).
EL CENTRO Average Closing Costs & Other Stats
EL CENTRO, CA's 116 lenders originated 2,400
loans during 2022. The total origination value was $620,430,000, with an average loan value of
$258,513.
EL CENTRO's average closing costs are $6,808.
The top EL CENTRO lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with
119 loans originated. Their average total fees are
$7,239, which is $116
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee EL CENTRO lenders (with over 10 loans originated) are
MUFG Union Bank ($4,484), Wells Fargo Bank ($5,258), JPMorgan Chase Bank ($5,426), Paramount Residential Mortgage Group, Inc. ($6,084) and LOANDEPOT.COM, LLC ($6,128).
The lowest rate EL CENTRO lenders (with over 10 loans originated) are
MUFG Union Bank (4.03%), LOANDEPOT.COM, LLC (4.13%), FREEDOM MORTGAGE CORPORATION (4.27%), GUILD MORTGAGE COMPANY (4.62%) and Wells Fargo Bank (4.63%).
EL CENTRO, CA 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 |
|---|---|---|---|---|
| UNITED WHOLESALE MORTGAGE, LLC | $135,270,000 | $90,510,000 | -33.1% | 14.6% |
| QUICKEN LOANS, LLC | $108,925,000 | $38,510,000 | -64.6% | 6.2% |
| Neighborhood Loans, Inc. | $30,825,000 | $37,295,000 | 21.0% | 6.0% |
| HOME POINT FINANCIAL CORPORATION | $49,720,000 | $34,360,000 | -30.9% | 5.5% |
| Wallick & Volk, Inc. | $39,880,000 | $34,305,000 | -14.0% | 5.5% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $55,830,000 | $29,430,000 | -47.3% | 4.7% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $30,255,000 | $28,650,000 | -5.3% | 4.6% |
| Citibank | $65,000 | $26,540,000 | 40,730.8% | 4.3% |
| Wells Fargo Bank | $31,805,000 | $15,450,000 | -51.4% | 2.5% |
| Paramount Residential Mortgage Group, Inc. | $16,765,000 | $12,660,000 | -24.5% | 2.0% |
| LOANDEPOT.COM, LLC | $45,385,000 | $11,275,000 | -75.2% | 1.8% |
| GUILD MORTGAGE COMPANY | $34,575,000 | $10,785,000 | -68.8% | 1.7% |
| CROSSCOUNTRY MORTGAGE, LLC | $11,380,000 | $10,130,000 | -11.0% | 1.6% |
| CALIBER HOME LOANS, INC. | $27,905,000 | $8,950,000 | -67.9% | 1.4% |
| Sierra Pacific Mortgage Company, Inc. | $8,840,000 | $8,810,000 | -0.3% | 1.4% |
| AMERIFIRST FINANCIAL CORPORATION | $8,160,000 | n/a | 1.3% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $20,725,000 | $7,740,000 | -62.7% | 1.2% |
| FREEDOM MORTGAGE CORPORATION | $41,790,000 | $7,730,000 | -81.5% | 1.2% |
| PENNYMAC LOAN SERVICES, LLC | $17,480,000 | $7,540,000 | -56.9% | 1.2% |
| Mr. Cooper ( Nationstar Mortgage ) | $22,780,000 | $7,415,000 | -67.4% | 1.2% |
| California Coast Credit Union | $705,000 | $6,775,000 | 861.0% | 1.1% |
| Mortgage Research Center, LLC | $6,615,000 | $6,515,000 | -1.5% | 1.1% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $8,260,000 | $6,455,000 | -21.9% | 1.0% |
| JPMorgan Chase Bank | $13,355,000 | $6,020,000 | -54.9% | 1.0% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $8,960,000 | $5,845,000 | -34.8% | 0.9% |
| MUFG Union Bank | $8,550,000 | $5,540,000 | -35.2% | 0.9% |
| NAVY FEDERAL CREDIT UNION | $8,125,000 | $5,205,000 | -35.9% | 0.8% |
| Bank of Hope | $4,805,000 | n/a | 0.8% | |
| AMERISAVE MORTGAGE CORPORATION | $11,900,000 | $4,545,000 | -61.8% | 0.7% |
| CBRE MULTIFAMILY CAPITAL, INC. | $3,935,000 | n/a | 0.6% | |
| Cornerstone First Mortgage, Inc | $8,955,000 | $3,830,000 | -57.2% | 0.6% |
| S1L, Inc. | $6,880,000 | $3,645,000 | -47.0% | 0.6% |
| INSPIRE HOME LOANS INC. | $39,275,000 | $3,625,000 | -90.8% | 0.6% |
| Equity Prime Mortgage LLC | $2,805,000 | $3,490,000 | 24.4% | 0.6% |
| NEWREZ LLC | $7,690,000 | $3,480,000 | -54.7% | 0.6% |
| Bank of America | $3,285,000 | $3,435,000 | 4.6% | 0.6% |
| First Republic Bank | $3,125,000 | n/a | 0.5% | |
| MOVEMENT MORTGAGE, LLC | $2,810,000 | $3,010,000 | 7.1% | 0.5% |
| Mechanics Bank | $6,920,000 | $2,875,000 | -58.5% | 0.5% |
| BROKER SOLUTIONS, INC. | $6,095,000 | $2,580,000 | -57.7% | 0.4% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $4,415,000 | $2,485,000 | -43.7% | 0.4% |
| Carrington Mortgage Services, LLC | $4,760,000 | $2,075,000 | -56.4% | 0.3% |
| Loan Simple, Inc. | $2,685,000 | $1,930,000 | -28.1% | 0.3% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $1,465,000 | $1,895,000 | 29.4% | 0.3% |
| CMG MORTGAGE, INC. | $1,020,000 | $1,780,000 | 74.5% | 0.3% |
| OCMBC, INC. | $2,950,000 | $1,715,000 | -41.9% | 0.3% |
| RESIDENTIAL BANCORP. | $350,000 | $1,605,000 | 358.6% | 0.3% |
| The Federal Savings Bank | $440,000 | $1,510,000 | 243.2% | 0.2% |
| PLANET HOME LENDING, LLC | $3,205,000 | $1,505,000 | -53.0% | 0.2% |
| Flagstar Bank, FSB | $3,905,000 | $1,500,000 | -61.6% | 0.2% |
| Citadel Servicing Corporation | $605,000 | $1,475,000 | 143.8% | 0.2% |
| 21ST MORTGAGE CORPORATION | $440,000 | $1,395,000 | 217.0% | 0.2% |
| BETTER MORTGAGE CORPORATION | $7,450,000 | $1,380,000 | -81.5% | 0.2% |
| AMWEST FUNDING CORP. | $1,775,000 | $1,365,000 | -23.1% | 0.2% |
| SCHOOLSFIRST | $2,360,000 | $1,365,000 | -42.2% | 0.2% |
| GUARANTEED RATE, INC. | $4,480,000 | $1,310,000 | -70.8% | 0.2% |
| Discover Bank | $470,000 | $1,290,000 | 174.5% | 0.2% |
| HOMEXPRESS MORTGAGE CORP. | $335,000 | $1,265,000 | 277.6% | 0.2% |
| JMJ FINANCIAL GROUP | $510,000 | $1,185,000 | 132.4% | 0.2% |
| PNC Bank | $885,000 | $1,155,000 | 30.5% | 0.2% |
| SOFI LENDING CORP. | $400,000 | $1,145,000 | 186.3% | 0.2% |
| Lakeview Community Capital, LLC | $7,825,000 | $1,140,000 | -85.4% | 0.2% |
| First Guaranty Mortgage Corporation | $4,660,000 | $1,030,000 | -77.9% | 0.2% |
| STEARNS LENDING, LLC | $6,550,000 | $1,030,000 | -84.3% | 0.2% |
| U.S. Bank | $3,175,000 | $995,000 | -68.7% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $1,090,000 | $985,000 | -9.6% | 0.2% |
| AmeriHome Mortgage Company, LLC | $970,000 | $980,000 | 1.0% | 0.2% |
| FAY SERVICING, LLC | $975,000 | n/a | 0.2% | |
| MOUNTAIN WEST FINANCIAL, INC. | $770,000 | $960,000 | 24.7% | 0.2% |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $1,290,000 | $955,000 | -26.0% | 0.2% |
| LOANPAL, LLC | $690,000 | $925,000 | 34.1% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $3,585,000 | $925,000 | -74.2% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $13,205,000 | $895,000 | -93.2% | 0.1% |
| CLEARPATH LENDING | $2,310,000 | $865,000 | -62.6% | 0.1% |
| ATHAS CAPITAL GROUP, INC. | $875,000 | $855,000 | -2.3% | 0.1% |
| FINANCE OF AMERICA MORTGAGE LLC | $3,210,000 | $855,000 | -73.4% | 0.1% |
| A&D Mortgage LLC | $440,000 | $805,000 | 83.0% | 0.1% |
| BECKAM FUNDING CORP. | $305,000 | $805,000 | 163.9% | 0.1% |
| MORIA DEVELOPMENT, INC. | $390,000 | $800,000 | 105.1% | 0.1% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $7,170,000 | $780,000 | -89.1% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $2,530,000 | $775,000 | -69.4% | 0.1% |
| NEW DAY FINANCIAL, LLC | $2,325,000 | $775,000 | -66.7% | 0.1% |
| SPRING EQ, LLC | $525,000 | $760,000 | 44.8% | 0.1% |
| Banner Bank | $755,000 | n/a | 0.1% | |
| Wyndham Capital Mortgage, Inc. | $1,495,000 | $755,000 | -49.5% | 0.1% |
| INLAND BANK & TRUST | $390,000 | $750,000 | 92.3% | 0.1% |
| Arvest Bank | $1,465,000 | $735,000 | -49.8% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $430,000 | $730,000 | 69.8% | 0.1% |
| CIVIC FINANCIAL SERVICES, LLC | $750,000 | $705,000 | -6.0% | 0.1% |
| FUNDLOANS CAPITAL | $700,000 | n/a | 0.1% | |
| Century Mortgage Company DBA Century Lending Company | $285,000 | $695,000 | 143.9% | 0.1% |
| UBS Bank USA | $695,000 | n/a | 0.1% | |
| EQUITY WAVE LENDING, INC. | $245,000 | $685,000 | 179.6% | 0.1% |
| First Savings Bank | $685,000 | n/a | 0.1% | |
| NexBank | $630,000 | $680,000 | 7.9% | 0.1% |
| ACADEMY MORTGAGE CORPORATION | $615,000 | $670,000 | 8.9% | 0.1% |
| SUMMIT FUNDING, INC. | $1,890,000 | $660,000 | -65.1% | 0.1% |
| Greenbox Loans, Inc. | $380,000 | $650,000 | 71.1% | 0.1% |
| COMMUNITY MORTGAGE FUNDING, LLC | $5,900,000 | $615,000 | -89.6% | 0.1% |
| LENDINGHOME FUNDING CORPORATION | $485,000 | $615,000 | 26.8% | 0.1% |
| ARC HOME LLC | $600,000 | n/a | 0.1% | |
| M&T Bank | $935,000 | $575,000 | -38.5% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $950,000 | $565,000 | -40.5% | 0.1% |
| North American Savings Bank, F.S.B. | $1,495,000 | $540,000 | -63.9% | 0.1% |
| Magnolia Bank | $265,000 | $530,000 | 100.0% | 0.1% |
| SAN DIEGO COUNTY CREDIT UNION | $725,000 | $530,000 | -26.9% | 0.1% |
| NEXERA HOLDING LLC | $550,000 | $525,000 | -4.5% | 0.1% |
| DATA MORTGAGE, INC. | $105,000 | $520,000 | 395.2% | 0.1% |
| CALCON MUTUAL MORTGAGE LLC | $510,000 | n/a | 0.1% | |
| CAPSTONE DIRECT, INC. | $335,000 | $500,000 | 49.3% | 0.1% |
| Hometown Lenders, Inc. | $2,475,000 | $500,000 | -79.8% | 0.1% |
| PLAZA HOME MORTGAGE, INC. | $1,225,000 | $500,000 | -59.2% | 0.1% |
| Bank of the West | $495,000 | n/a | 0.1% | |
| Figure Lending LLC | $620,000 | $495,000 | -20.2% | 0.1% |
| AHL FUNDING | $480,000 | $485,000 | 1.0% | 0.1% |
| CASTLE & COOKE MORTGAGE, LLC | $1,105,000 | $475,000 | -57.0% | 0.1% |
| BAY EQUITY LLC | $1,025,000 | $465,000 | -54.6% | 0.1% |
| OAKTREE FUNDING CORP. | $460,000 | n/a | 0.1% | |
| EVERETT FINANCIAL, INC. | $450,000 | n/a | 0.1% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,240,000 | $430,000 | -65.3% | 0.1% |
| Northwest Farm Credit Services, FLCA | $1,310,000 | $425,000 | -67.6% | 0.1% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $420,000 | n/a | 0.1% | |
| CANOPY MORTGAGE, LLC | $1,385,000 | $420,000 | -69.7% | 0.1% |
| Commerce Home Mortgage, Inc. | $3,640,000 | $415,000 | -88.6% | 0.1% |
| FIRST IMPERIAL Credit Union | $485,000 | $410,000 | -15.5% | 0.1% |
| PREMIA MORTGAGE, LLC | $395,000 | n/a | 0.1% | |
| NMSI, INC. | $340,000 | $390,000 | 14.7% | 0.1% |
| GUARANTEED RATE AFFINITY, LLC | $365,000 | $385,000 | 5.5% | 0.1% |
| IMPAC MORTGAGE CORP. | $660,000 | $385,000 | -41.7% | 0.1% |
| Lend Smart Mortgage, LLC | $385,000 | n/a | 0.1% | |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $755,000 | $380,000 | -49.7% | 0.1% |
| Plains Commerce Bank | $370,000 | n/a | 0.1% | |
| JMAC LENDING, INC. | $125,000 | $365,000 | 192.0% | 0.1% |
| Citizens Bank | $355,000 | n/a | 0.1% | |
| MASON MCDUFFIE MORTGAGE CORPORATION | $355,000 | n/a | 0.1% | |
| AmRes Corporation | $345,000 | n/a | 0.1% | |
| CHERRY CREEK MORTGAGE, LLC | $620,000 | $335,000 | -46.0% | 0.1% |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $335,000 | n/a | 0.1% | |
| Nations Lending Corporation | $320,000 | $310,000 | -3.1% | 0.0% |
| BEST FINANCE CAPITAL, INC. | $305,000 | n/a | 0.0% | |
| FIRST NATIONS HOME FINANCE CORPORATION | $305,000 | n/a | 0.0% | |
| Stifel Bank and Trust | $185,000 | $305,000 | 64.9% | 0.0% |
| Texana Bank | $245,000 | $305,000 | 24.5% | 0.0% |
| FINANCE OF AMERICA REVERSE LLC | $165,000 | $300,000 | 81.8% | 0.0% |
| ISERVE RESIDENTIAL LENDING, LLC | $295,000 | n/a | 0.0% | |
| General Mortgage Capital Corporation | $285,000 | n/a | 0.0% | |
| UNION HOME MORTGAGE CORP. | $285,000 | n/a | 0.0% | |
| ZILLOW HOME LOANS, LLC | $890,000 | $285,000 | -68.0% | 0.0% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $580,000 | $275,000 | -52.6% | 0.0% |
| KINECTA | $25,000 | $275,000 | 1,000.0% | 0.0% |
| Hometown Equity Mortgage, LLC | $1,235,000 | $265,000 | -78.5% | 0.0% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $265,000 | n/a | 0.0% | |
| ALTA VISTA CREDIT UNION | $255,000 | n/a | 0.0% | |
| Barrington Bank & Trust Company, N.A. | $380,000 | $255,000 | -32.9% | 0.0% |
| BNC National Bank | $245,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $9,570,000 | $245,000 | -97.4% | 0.0% |
| Platinum Home Mortgage Corporation | $345,000 | $245,000 | -29.0% | 0.0% |
| RANLIFE, INC. | $225,000 | $245,000 | 8.9% | 0.0% |
| SECURITYNATIONAL MORTGAGE COMPANY | $330,000 | $245,000 | -25.8% | 0.0% |
| TJC Mortgage, Inc. | $745,000 | $245,000 | -67.1% | 0.0% |
| HOME FUNDING CORPORATION | $225,000 | $235,000 | 4.4% | 0.0% |
| ENVOY MORTGAGE, LTD | $225,000 | n/a | 0.0% | |
| Franklin Loan Corporation | $1,970,000 | $225,000 | -88.6% | 0.0% |
| LEADERONE FINANCIAL CORPORATION | $285,000 | $225,000 | -21.1% | 0.0% |
| Strong Home Mortgage, LLC | $770,000 | $225,000 | -70.8% | 0.0% |
| VERITAS FUNDING, LLC | $225,000 | n/a | 0.0% | |
| AMERICAN ADVISORS GROUP | $625,000 | $220,000 | -64.8% | 0.0% |
| First National Bank of America | $215,000 | n/a | 0.0% | |
| TOP FLITE FINANCIAL, INC. | $215,000 | n/a | 0.0% | |
| VISION ONE MORTGAGE, INC. | $2,350,000 | $215,000 | -90.9% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $210,000 | n/a | 0.0% | |
| HOMESIDE FINANCIAL, LLC | $780,000 | $175,000 | -77.6% | 0.0% |
| INTELLILOAN, INC. | $275,000 | $175,000 | -36.4% | 0.0% |
| ALLIANT CREDIT UNION | $170,000 | n/a | 0.0% | |
| Ally Bank | $245,000 | $165,000 | -32.7% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $3,095,000 | $165,000 | -94.7% | 0.0% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $155,000 | n/a | 0.0% | |
| CHURCHILL MORTGAGE CORPORATION | $700,000 | $155,000 | -77.9% | 0.0% |
| F&A Federal Credit Union | $155,000 | n/a | 0.0% | |
| Residential Mortgage Solutions, Inc. | $155,000 | n/a | 0.0% | |
| The Loan Store, Inc. | $155,000 | n/a | 0.0% | |
| BAY | $145,000 | n/a | 0.0% | |
| ONE NEVADA CREDIT UNION | $145,000 | n/a | 0.0% | |
| INFINITY EQUITY GROUP, INC. | $135,000 | n/a | 0.0% | |
| LONGBRIDGE FINANCIAL, LLC | $135,000 | n/a | 0.0% | |
| Pacific Lending LLC | $135,000 | n/a | 0.0% | |
| PHH Mortgage Corporation | $840,000 | $135,000 | -83.9% | 0.0% |
| Deere Employees Credit Union | $910,000 | $100,000 | -89.0% | 0.0% |
| HomeStreet Bank | $95,000 | n/a | 0.0% | |
| United States Senate Federal Credit Union | $85,000 | $75,000 | -11.8% | 0.0% |
| ROYAL UNITED MORTGAGE LLC | $195,000 | $65,000 | -66.7% | 0.0% |
| ALTURA | $240,000 | $45,000 | -81.3% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $145,000 | $45,000 | -69.0% | 0.0% |
| Zions Bancorporation, N.A. | $45,000 | n/a | 0.0% | |
| CREDIT HUMAN FEDERAL CREDIT UNION | $110,000 | $35,000 | -68.2% | 0.0% |
EL CENTRO's top lender by overall market share is UNITED WHOLESALE MORTGAGE, LLC, with 14.6% market share. In second place, with 6.2%, is QUICKEN LOANS, LLC, having originated $38,510,000 in loans. In third place, with 6.0%, is Neighborhood Loans, Inc., having originated $37,295,000 in loans. In fourth place, with 5.5%, is HOME POINT FINANCIAL CORPORATION, having originated $34,360,000 in loans. In fifth place, with 5.5%, is Wallick & Volk, Inc., having originated $34,305,000 in loans.
EL CENTRO Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - EL CENTRO (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $238,700 (-4.3%) | $249,643 (-0.2%) | 0.00 | 237 |
| 2018-02-01 | $239,950 (-2.5%) | $248,504 (0.1%) | 0.00 | 243 |
| 2018-03-01 | $239,900 (1.5%) | $244,073 (-1.7%) | 0.00 | 242 |
| 2018-04-01 | $244,950 (0.8%) | $249,089 (-0.6%) | 0.00 | 238 |
| 2018-05-01 | $241,750 (-3.7%) | $245,165 (-5.2%) | 0.00 | 251 |
| 2018-06-01 | $240,000 (-4.4%) | $244,761 (-4.0%) | 0.00 | 241 |
| 2018-07-01 | $240,975 (-5.5%) | $246,318 (-3.3%) | 0.00 | 248 |
| 2018-08-01 | $247,475 (-3.8%) | $251,557 (-1.0%) | 0.00 | 241 |
| 2018-09-01 | $256,000 (0.4%) | $252,601 (0.5%) | 0.00 | 265 |
| 2018-10-01 | $258,160 (2.9%) | $251,016 (-0.8%) | 0.00 | 262 |
| 2018-11-01 | $249,000 (0.5%) | $248,258 (-1.0%) | 0.00 | 260 |
| 2018-12-01 | $249,000 (3.8%) | $247,185 (-1.7%) | 0.00 | 242 |
| 2019-01-01 | $248,000 (3.9%) | $244,555 (-2.0%) | 0.00 | 224 |
| 2019-02-01 | $241,250 (0.5%) | $241,688 (-2.7%) | 0.00 | 232 |
| 2019-03-01 | $243,500 (1.5%) | $243,661 (-0.2%) | 0.00 | 203 |
| 2019-04-01 | $242,250 (-1.1%) | $240,691 (-3.4%) | 0.00 | 210 |
| 2019-05-01 | $259,933 (7.5%) | $255,069 (4.0%) | 0.00 | 198 |
| 2019-06-01 | $269,995 (12.5%) | $274,995 (12.4%) | 0.00 | 191 |
| 2019-07-01 | $261,725 (8.6%) | $273,732 (11.1%) | 0.00 | 170 |
| 2019-08-01 | $255,000 (3.0%) | $277,075 (10.1%) | 0.00 | 178 |
| 2019-09-01 | $255,000 (-0.4%) | $273,497 (8.3%) | 0.00 | 158 |
| 2019-10-01 | $253,750 (-1.7%) | $265,914 (5.9%) | 0.00 | 172 |
| 2019-11-01 | $259,700 (4.3%) | $278,483 (12.2%) | 0.00 | 177 |
| 2019-12-01 | $269,700 (8.3%) | $284,497 (15.1%) | 0.00 | 178 |
| 2020-01-01 | $263,723 (6.3%) | $271,866 (11.2%) | 0.00 | 180 |
| 2020-02-01 | $254,990 (5.7%) | $270,577 (12.0%) | 0.00 | 182 |
| 2020-03-01 | $261,400 (7.4%) | $274,362 (12.6%) | 0.00 | 164 |
| 2020-04-01 | $259,900 (7.3%) | $273,257 (13.5%) | 0.00 | 164 |
| 2020-05-01 | $255,000 (-1.9%) | $268,424 (5.2%) | 0.00 | 141 |
| 2020-06-01 | $249,950 (-7.4%) | $265,199 (-3.6%) | 0.00 | 132 |
| 2020-07-01 | $250,000 (-4.5%) | $266,961 (-2.5%) | 0.00 | 115 |
| 2020-08-01 | $249,900 (-2.0%) | $261,151 (-5.8%) | 0.00 | 112 |
| 2020-09-01 | $239,925 (-5.9%) | $254,723 (-6.9%) | 0.00 | 112 |
| 2020-10-01 | $239,900 (-5.5%) | $288,578 (8.5%) | 0.00 | 108 |
| 2020-11-01 | $264,723 (1.9%) | $304,545 (9.4%) | 0.00 | 112 |
| 2020-12-01 | $238,175 (-11.7%) | $301,338 (5.9%) | 0.00 | 106 |
| 2021-01-01 | $239,900 (-9.0%) | $314,771 (15.8%) | 0.00 | 97 |
| 2021-02-01 | $234,900 (-7.9%) | $322,005 (19.0%) | 0.00 | 70 |
| 2021-03-01 | $237,200 (-9.3%) | $336,158 (22.5%) | 0.00 | 69 |
| 2021-04-01 | $282,500 (8.7%) | $351,280 (28.6%) | 0.00 | 75 |
| 2021-05-01 | $280,000 (9.8%) | $334,692 (24.7%) | 0.00 | 73 |
| 2021-06-01 | $292,000 (16.8%) | $345,539 (30.3%) | 0.00 | 69 |
| 2021-07-01 | $280,000 (12.0%) | $336,701 (26.1%) | 0.00 | 85 |
| 2021-08-01 | $283,750 (13.6%) | $327,634 (25.5%) | 0.00 | 99 |
| 2021-09-01 | $276,000 (15.0%) | $324,671 (27.5%) | 0.00 | 100 |
| 2021-10-01 | $265,000 (10.5%) | $320,808 (11.2%) | 0.00 | 91 |
| 2021-11-01 | $274,875 (3.8%) | $325,575 (6.9%) | 0.00 | 93 |
| 2021-12-01 | $297,225 (24.8%) | $338,165 (12.2%) | 0.00 | 81 |
| 2022-01-01 | $274,850 (14.6%) | $300,571 (-4.5%) | 0.00 | 61 |
| 2022-02-01 | $289,000 (23.0%) | $311,928 (-3.1%) | 0.00 | 67 |
| 2022-03-01 | $329,000 (38.7%) | $336,029 (0.0%) | 0.00 | 70 |
| 2022-04-01 | $329,000 (16.5%) | $335,972 (-4.4%) | 0.00 | 79 |
| 2022-05-01 | $329,000 (17.5%) | $327,937 (-2.0%) | 0.00 | 75 |
| 2022-06-01 | $329,000 (12.7%) | $334,826 (-3.1%) | 0.00 | 90 |
| 2022-07-01 | $359,900 (28.5%) | $369,062 (9.6%) | 0.00 | 112 |
| 2022-08-01 | $359,900 (26.8%) | $371,451 (13.4%) | 0.00 | 144 |
| 2022-09-01 | $359,900 (30.4%) | $376,257 (15.9%) | 0.00 | 151 |
| 2022-10-01 | $350,000 (32.1%) | $371,213 (15.7%) | 0.00 | 174 |
| 2022-11-01 | $337,450 (22.8%) | $353,000 (8.4%) | 0.00 | 190 |
| 2022-12-01 | $334,975 (12.7%) | $351,080 (3.8%) | 0.00 | 183 |
| 2023-01-01 | $344,450 (25.3%) | $358,965 (19.4%) | 0.00 | 160 |
| 2023-02-01 | $349,000 (20.8%) | $361,727 (16.0%) | 0.00 | 127 |
| 2023-03-01 | $345,975 (5.2%) | $362,487 (7.9%) | 0.00 | 117 |
| 2023-04-01 | $354,950 (7.9%) | $368,541 (9.7%) | 0.00 | 105 |
EL CENTRO's median listing price comes in at 0% of the national average.
EL CENTRO's average listing price for 2023-04-01 was $368,541, a difference of $32,569 (9.7%) versus the prior year and $6,054 versus the prior month.
For the 2023-04-01 period, EL CENTRO had 105 MLS listings, a difference of -12 listings (-10%) versus the prior month and 26 listings (33%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - EL CENTRO (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 0 days | 1,706 sqft |
| 2018-02-01 | 0 days | 1,685 sqft |
| 2018-03-01 | 0 days | 1,690 sqft |
| 2018-04-01 | 0 days | 1,712 sqft |
| 2018-05-01 | 0 days | 1,685 sqft |
| 2018-06-01 | 0 days | 1,630 sqft |
| 2018-07-01 | 0 days | 1,618 sqft |
| 2018-08-01 | 0 days | 1,730 sqft |
| 2018-09-01 | 0 days | 1,733 sqft |
| 2018-10-01 | 0 days | 1,703 sqft |
| 2018-11-01 | 0 days | 1,669 sqft |
| 2018-12-01 | 0 days | 1,630 sqft |
| 2019-01-01 | 0 days | 1,647 sqft |
| 2019-02-01 | 0 days | 1,608 sqft |
| 2019-03-01 | 0 days | 1,600 sqft |
| 2019-04-01 | 0 days | 1,600 sqft |
| 2019-05-01 | 0 days | 1,698 sqft |
| 2019-06-01 | 0 days | 1,764 sqft |
| 2019-07-01 | 0 days | 1,705 sqft |
| 2019-08-01 | 0 days | 1,640 sqft |
| 2019-09-01 | 0 days | 1,659 sqft |
| 2019-10-01 | 0 days | 1,600 sqft |
| 2019-11-01 | 0 days | 1,631 sqft |
| 2019-12-01 | 0 days | 1,673 sqft |
| 2020-01-01 | 0 days | 1,607 sqft |
| 2020-02-01 | 0 days | 1,617 sqft |
| 2020-03-01 | 0 days | 1,661 sqft |
| 2020-04-01 | 0 days | 1,615 sqft |
| 2020-05-01 | 0 days | 1,578 sqft |
| 2020-06-01 | 0 days | 1,560 sqft |
| 2020-07-01 | 0 days | 1,576 sqft |
| 2020-08-01 | 0 days | 1,560 sqft |
| 2020-09-01 | 0 days | 1,562 sqft |
| 2020-10-01 | 0 days | 1,560 sqft |
| 2020-11-01 | 0 days | 1,690 sqft |
| 2020-12-01 | 0 days | 1,560 sqft |
| 2021-01-01 | 0 days | 1,569 sqft |
| 2021-02-01 | 0 days | 1,560 sqft |
| 2021-03-01 | 0 days | 1,560 sqft |
| 2021-04-01 | 0 days | 1,693 sqft |
| 2021-05-01 | 0 days | 1,695 sqft |
| 2021-06-01 | 0 days | 1,695 sqft |
| 2021-07-01 | 0 days | 1,695 sqft |
| 2021-08-01 | 0 days | 1,677 sqft |
| 2021-09-01 | 0 days | 1,601 sqft |
| 2021-10-01 | 0 days | 1,600 sqft |
| 2021-11-01 | 0 days | 1,592 sqft |
| 2021-12-01 | 0 days | 1,656 sqft |
| 2022-01-01 | 0 days | 1,556 sqft |
| 2022-02-01 | 0 days | 1,560 sqft |
| 2022-03-01 | 0 days | 1,570 sqft |
| 2022-04-01 | 0 days | 1,596 sqft |
| 2022-05-01 | 0 days | 1,560 sqft |
| 2022-06-01 | 0 days | 1,591 sqft |
| 2022-07-01 | 0 days | 1,690 sqft |
| 2022-08-01 | 0 days | 1,693 sqft |
| 2022-09-01 | 0 days | 1,695 sqft |
| 2022-10-01 | 0 days | 1,671 sqft |
| 2022-11-01 | 0 days | 1,586 sqft |
| 2022-12-01 | 0 days | 1,624 sqft |
| 2023-01-01 | 0 days | 1,644 sqft |
| 2023-02-01 | 0 days | 1,669 sqft |
| 2023-03-01 | 0 days | 1,695 sqft |
| 2023-04-01 | 0 days | 1,695 sqft |
EL CENTRO's median square footage for active listings during the 2023-04-01 period was 1,695 sqft. One year prior, the average listing was 1,596 sqft.
EL CENTRO, CA Average Rent (2023)
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| Zip Code | Metro | Studio Apartment Rent | 1BR Apartment Rent | 2BR Apartment Rent | 3BR Apartment Rent | 4BR Apartment Rent |
|---|---|---|---|---|---|---|
| 92004 | El Centro, CA | $1,000 | $1,110 | $1,420 | $1,970 | $2,410 |
| 92222 | El Centro, CA | $720 | $820 | $1,070 | $1,490 | $1,800 |
| 92225 | El Centro, CA | $860 | $1,000 | $1,260 | $1,730 | $2,140 |
| 92227 | El Centro, CA | $710 | $810 | $1,060 | $1,480 | $1,780 |
| 92231 | El Centro, CA | $760 | $860 | $1,130 | $1,580 | $1,900 |
| 92232 | El Centro, CA | $720 | $820 | $1,070 | $1,490 | $1,800 |
| 92233 | El Centro, CA | $640 | $730 | $960 | $1,300 | $1,620 |
| 92243 | El Centro, CA | $730 | $830 | $1,090 | $1,520 | $1,830 |
| 92244 | El Centro, CA | $720 | $820 | $1,070 | $1,490 | $1,800 |
| 92249 | El Centro, CA | $670 | $770 | $1,000 | $1,400 | $1,680 |
| 92250 | El Centro, CA | $670 | $770 | $1,000 | $1,400 | $1,680 |
| 92251 | El Centro, CA | $920 | $1,050 | $1,370 | $1,910 | $2,310 |
| 92257 | El Centro, CA | $650 | $750 | $980 | $1,360 | $1,640 |
| 92259 | El Centro, CA | $900 | $1,010 | $1,310 | $1,820 | $2,210 |
| 92266 | El Centro, CA | $720 | $820 | $1,070 | $1,490 | $1,800 |
| 92273 | El Centro, CA | $670 | $760 | $990 | $1,380 | $1,670 |
| 92274 | El Centro, CA | $860 | $1,000 | $1,260 | $1,730 | $2,140 |
| 92275 | El Centro, CA | $810 | $920 | $1,200 | $1,670 | $2,020 |
| 92281 | El Centro, CA | $680 | $770 | $1,010 | $1,410 | $1,700 |
| 92283 | El Centro, CA | $640 | $730 | $960 | $1,300 | $1,620 |
2022 Average & Median Rent Data Statistics
EL CENTRO, CA average 1BR rent: $858, median: $820
EL CENTRO, CA average 2BR rent: $1,114, median: $1,070
EL CENTRO, CA average 3BR rent: $1,546, median: $1,490
EL CENTRO, CA Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 1,253 | $374,575,000 | $298,943 |
| Cash Out Refi | 758 | $178,570,000 | $235,580 |
| Refi | 243 | $51,265,000 | $210,967 |
| Home Improvement | 83 | $9,375,000 | $112,952 |
| Other | 63 | $6,645,000 | $105,476 |
El Centro's most frequently cited loan purpose was Home Purchase, with 1,253 originations. The 2nd most popular reason was Cash Out Refi, with 758 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 626 | $186,410,000 | $297,780 |
| 3-4% | 538 | $146,650,000 | $272,584 |
| 5-6% | 466 | $130,840,000 | $280,773 |
| 6-7% | 249 | $60,605,000 | $243,394 |
| <2.5% | 206 | $29,980,000 | $145,534 |
| 2.5-3% | 170 | $41,090,000 | $241,706 |
| 7-8% | 83 | $16,645,000 | $200,542 |
| Over 8% | 59 | $8,175,000 | $138,559 |
During 2022, El Centro's most frequently originated rate bucket was 4-5%, with 626 originations.
Loan Sizing (EL CENTRO, CA MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 1,398 | $406,810,000 | $290,994 |
| $100k-200k | 511 | $79,185,000 | $154,961 |
| $100,000 or less | 317 | $13,315,000 | $42,003 |
| $400k-600k | 159 | $70,745,000 | $444,937 |
| $600k-1000k | 9 | $5,965,000 | $662,778 |
| $Over $1MM | 6 | $44,410,000 | $7,401,667 |
EL CENTRO's loan sizing saw the bucket of loans from $200k-400k with 1,398 originations, totaling $406,810,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 1,024 | $320,570,000 | $313,057 |
| 60-80% | 686 | $179,010,000 | $260,948 |
| 40-60% | 275 | $84,745,000 | $308,164 |
| Under 20% | 221 | $5,665,000 | $25,633 |
| 20-40% | 150 | $16,170,000 | $107,800 |
| Over 100% | 26 | $9,310,000 | $358,077 |
EL CENTRO's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 1,024 originations, totaling $320,570,000 in origination value.