Brea, CA Real Estate Sales Report in Orange County, CA comparing real estate data from 2009 to 2010.
When it comes to home ownership in Orange County CA, specifically Brea, CA it's important to have the facts on Brea homes for sale.
Take a look at the year over year 4th quarter real estate report for SINGLE FAMILY HOMES from 2009 to 2010 in the City of Brea, CA:
- 2009 number of 4th quarter single family closings was 66 ~ Average asking price was $570,700
- 2010 number of 4th quarter single family closings was 64 ~ Average asking price was $525,600
Comparing size & time on the market for sale:
- 2009 ~ 3.8 bedrooms & 2 3/4 baths ~ 2,103 Sq. Ft. ~ 82 Days on Market
- 2010 ~ 3.6 bedrooms & 2 1/2 baths ~ 2,042 Sq. Ft. ~ 99 Days on Market
Selling Prices & Price Per Square Foot:
- 2009 Average Sold Price was $558,000 ~ $276.72 Per Square Foot
- 2010 Average Sold Price was $512,900 ~ $260.04 Per Square Foot
CONDOS & TOWNHOME CLOSINGS COMPARISON:
- 27 Closings for 2009 with an average sales price $374.000 ~ $254 Per Square Foot ~ 90 Days on Market
- 17 Closings for 2010 with an average sales price $320.000 ~ $226 Per Square Foot ~ 80 Days on Market
***As a Note to the real estate market data, not only is it important to report the facts, it's also helpful to understand the circumstances in which it's reported. If you remember the first-time home buyer tax credit was due to expire at the end of 2000, therefore it was a HUGE incentive for sales and closings by year end. Although we know now it was extended to early 2010.
Brea is located in Northern Orange County and is a City is well known for excellence in education. The schools have been definite attraction for our community. Many of us who live here say, Brea enjoys some of the bigger city benefits, yet maintains a small town feeling. Most who live here feel we have the best of both worlds.
So if you're looking to buy or sell a a Brea home, you've come to the right place. Preferred Home Brokers is one of Orange County's longest established brokerages under the same ownership. We live and work in the Brea community ourselves and have for decades.
You can contact any of the Preferred REALTORS or contact me directly at (714) 595-1494, or Lynda@PreferredHomeBrokers.com
On Facebook? Check out and sign up for I Love Brea! for a visit to our community. Thinking of selling a home, view HomeSelling101.com for home selling know how.
--CA Broker License # 00402040
Comments(5)