La Habra, California real estate home sales report for April 2009. La Habra, CA 90631 is located in Northern
Orange County, California.
This marketing report will provide you an overview of the residential real estate activity as compared to prior months in La Habra for both single family homes and condominium sales.
If you're a home buyer or a home seller it's essential you have an understanding of today's real estate market when it comes to market conditions in pricing and inventory.
For Home Buyers: It's important to begin the loan process in advance of your home search. Once approved you normally have greater strength in negotiating prices.
For Home Sellers: It's about positioning vs. pricing. Getting ahead of others is crucial for a timely sale. That's right, pricing ahead of the competition, including foreclosures/bank owned properties.
Single Family Home Sales Activity for April:
- 80 homes were for sale, the lowest number we've seen in a year, as you can see compared to 90/120/136/128/153/180/129/149/153/182/216 prior months.
- 41 pending sales in escrow during the month, up 37% from last month at 26 and compared to prior months of 30/36/20/19/34/24/18/25/34/37 pending sales.
- 36 homes closed in April, down from last month at 41 and compared to 30/42/14/25/26 in prior months.
- $362,869 was the average closed sales price for April (compared to $359,000 and $393,000 the past two months) with an average size of 3 bedrooms 2 baths and 1,468 square feet, with an average days on the market of 75.
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Condominium Sales Activity for April:
- 50 condo/town-homes were for sale, also lowest number for 2009,with numbers of 56/65/63/65/71/72/63/82/83 previously.
- 20 pending sales (in escrow) in escrow, more than double from 9 last month and compared in 7/18/7/6/12/23/11/6/5 for prior months.
- 10 closed, down from 11 last month last month and compared to 18/8/11/10/3/8/10 in prior months.
- $189,100 was the average closed price (compared to last two months of $193,600 $207,800 respectively)
- The average condo size was 2 bedrooms and 2 baths at 1,065 square feet, with an average of 42 days on the market.
Overall 58% of the closed sales for April 2009 in the City of La Habra were identified in the MLS as distressed sales. Meaning for the most part either short sales of bank repos.
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If you are thinking of selling your Orange County home consider this:
- 84% of all home buyers begin today with the Internet for their home search.
- 80% of Orange County is on-line.
- The average age in Orange County is 36 and I don't know of a "thirty something" person in Orange County who is not on line.
- For the maximum on-line marketing exposure contact me Lynda@PreferredHomeBrokers.com
La H
abra is well known for the lively Children's Museum, click here to see more, on this fun place. We've been there many times ourselves with our family, it's always a great time for the kids of all ages. If you're interested in learning more about La Habra check out Living in La Habra, and see why La Habra is a city with a heart.
Want to know more about La Habra 90631 Real Estate? Contact me Lynda@PreferredHomeBrokers.com, view Preferred Home Brokers and see why we're one of the longest established independent brokerages in Orange County under the same ownership.
CA Dept. of Real Estate License # 00-402040.
~ Data Source: So Cal MLS
Hi Lynda, Looks like your Spring Market has sprung to life in La Habra. Cute, huh? :-) Seriously, the report indicates to me that business is on the uptick and inventory is down. To me , at least under normal circumstances , spells a possible uptick in values. We shall see as the indicators sre still not demonstrative on the issue.