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July 2010 Yorba Linda Home Sales Report

By
Real Estate Agent with Solesbee Group

July 2010 Yorba Linda Home Sales Report

The median single family home price in YORBA LINDA this week is $704,500. In 92886 the average sales price is $699,000.00 with 92887 coming in at $724,949. These nearly 418 homes have been on the market for an average of 122 days.

The trend is alarming.  Available homes on the market are increasing rapidly while sales are not.  Furthermore, homes will continue to be on the market longer, which is a simple issue of supply and demand.  Right now, there is way more supply than demand.  When that happens, prices come down.

I’m sorry to say it, but I think home prices will be dropping again soon as more and more sellers compete for the few buyers that are buying right now.

If you are thinking about selling, please call us at 800-528-0995 now.  Don’t delay.

For more information about The Solesbee Group and how we can help you in this real estate market, please visit:www.YorbaLindaLiving.com

90-day stats for Single Family properties in
YORBA LINDA, CA as of July 23, 2010
Median List Price: $723,804 Average List Price: $880,097
Total Inventory: 408 Price per Square Foot: $295
Average Home Size: 2,540 Median Lot Size: 6,876
Average # Beds: 4.04 Average # Baths: 2.68
Homes Absorbed: 21 Newly Listed: 24
Days on Market: 130 Average Age: 24

 

90-day stats for Condo properties in
YORBA LINDA, CA as of July 23, 2010
Median List Price: $262,577 Average List Price: $319,866
Total Inventory: 131 Price per Square Foot: $226
Average Home Size: 1,130 Median Lot Size: n/a
Average # Beds: 2.58 Average # Baths: 1.96
Homes Absorbed: 8 Newly Listed: 8
Days on Market: 132 Average Age: 23

 

 July 2010 Yorba Linda Home Sales Report image

 July 2010 Yorba Linda Home Sales Report image

 July 2010 Yorba Linda Home Sales Report image

 July 2010 Yorba Linda Home Sales Report image

 July 2010 Yorba Linda Home Sales Report image