Living in La Habra, California ~ in Northern Orange County CA.
La Habra home sales reflect the view of many other cities in Southern California when it comes to the residential re-sale market. National Association of Realtors survey indicated that closings for August 2010 showed a decline over the prior year. Yet home sales in La Habra actually increased by 18% over last year.
Single Family Home Sales Activity
|
140 Active Listings 2010 |
30 Closed |
Average Sale Price $457,676 |
84 Days on Market |
1,757 Sq. Ft. |
|
70 Active Listings 2009 |
23 Closed |
Average Sale Price $407,000 |
56 Days on Market |
1,628 Sq. Ft |
Condo Sales Activity
|
58 Active Listings 2010 |
15 Closed |
Average Sale Price $184,600 |
100 Days on Market |
1,070 Sq. Ft. |
|
33 Active Listings 2009 |
14 Closed |
Average Sale Price $83,000 |
114 Days on Market |
935 Sq. Ft |
Taking a close look at the type of closings for August for 2010
- 35% of the closings were identified in the Multiple Listing Service as "standard" sales.
- 65% of the sales were identified as "distressed" sales, i.e. short sales, bank foreclosures.
August 2009
- 19.4% of closings were "standard" sales.
- 80.6% of sales were "distressed" sales.
La Habra is a great place to call home, the population is about 62,000 residents and 21,000 households.
If you are thinking of selling your La Habra home consider this: It's about positioning vs. pricing. Getting ahead of other sellers is crucial for a timely sale. That's right, pricing ahead of the competition, including foreclosures/bank owned properties. You can see that 65% of the most recent closings were identified as distressed sales and all indications that trend is likely to continue for some time.
If you're a La Habra home seller, consider this:
- 94% of all home buyers begin today with the Internet for their home search.
- 80% of Orange County is on-line.
- The average age of an Orange Co. resident is 36 years old, and I don't know of a thirty-something person who is not online!
If you're looking for a knowledgable, competent broker, with online marketing experience, contact me at Lynda Eisenmann, Lynda@PreferredHomeBrokers.com Text or call me direct (714) 595-1494. Preferred Home Brokers is a full service real estate company serving home buyers sellers for thirty-five years under the same ownership. View my 2-minute home selling video on You Tube.
- If you're a future home seller, visit HomeSelling101 for great home selling information and tips!
-CA Broker License #00402040
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