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La Mirada Bank Repos and Short Sales

By
Real Estate Broker/Owner with Preferred Home Brokers 00402040

The La Mirada California real estate market is primarily comprised of single family homes and a few condos. Like many other cities, La Mirada has a number of bank repos and short sales.

Located in Eastern Los Angeles County adjacent to Orange Co. on the East, La Mirada is a great place to call home.

  • The active numbers of single family homes on the market in May 2010 is 75. Move to La Mirada
  • Of those single family homes 41%  are identified as a foreclosure, in loan default or a short sale property.
  • Prices range from $285,000 to $650,000.
  • Average days on the market is 66.
  • The average is 3.5 bedrooms, with an average 1,600 square feet.
  • When it comes to townhomes/condos the La Mirada market is much smaller.

 

  • The active number of condos/townhomescurrently for sale in La Mirada is 14.
  • Of those 71% (10) are either in foreclosure, bank owned or are short sales.
  • Prices for condos in La Mirada range from $120,000 to $379,000.
  • Average days on the market is 58
  • The average 2 bedroom condo is 1,044 square feet.

La Mirada is:  27 La Mirada Regional Theatermiles east of LAX ~ Los Angeles International Airport ~ Los Angeles, CA and 10.5 miles north/west of the "Happiest Place on Earth" Disneyland ~ Anaheim, CA

Considering buying a La Mirada home contact me, Lynda@PreferredHomeBrokers.com . See more at my Living In La Mirada and see why  La Mirada was also named 'One of the best places to live" by Money Magazine.

If you're a home seller you want to check out HomeSelling101.com, it's the place for virtual learning for real estate today!

 Lynda Eisenmann Broker

Text or direct: (714) 595-1494 Preferred Home Brokers, successfully serving home buyers and sellers for over thirty years. ~ CA DRE License #00402040.

 -Data source, SoCal Multiple Listing Service 2010

 

Comments (3)

Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Lynda - I'd say you have a pretty good handle on the La Mirada short sale and REO market. Are these numbers up, down or stable?

Jeff

May 24, 2010 04:07 PM
Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Lynda  I agree with Jeff - you have an in-depth understanding of your market  Karen

May 25, 2010 03:31 AM
Jennifer Fivelsdal
JFIVE Home Realty LLC | 845-758-6842|162 Deer Run Rd Red Hook NY 12571 - Rhinebeck, NY
Mid Hudson Valley real estate connection

Lynda I too agree that you have some of the best market reports, easily understood.

May 31, 2010 04:47 PM