Special offer

La Mirada ~ California ~ Real Estate Market Report for September 2007

By
Real Estate Broker/Owner with Preferred Home Brokers 00402040
Mirada ~ California 90737,90638 & 90639 ~ Real Estate Market Update for September 2007

 The City of La Mirada is primarily a residential community located in eastern Los Angeles Countyabout 20 miles from Los Angeles. Bordering on Orange County to the to the east the city is very well located.

Single family homes in La Mirada range from a low of $399,000 for 4 bedrooms and 2 baths, approximately 1,112 square feet. Upper end properties peak at $1,500.00 for 4 bedrooms and 4 baths with 4,675 square feet, exactly the same as last month in August.

Condominmums and town-homes begin at $244,900 to an upper end pricing at $399,000.

The real estate market report for sales/market activity for September 2007 is as follows:

Single family sales activity for September:

  • 216 re-sale homes currently for sale in the city, compared to 196 for August and 107 in July.
  • 9 homes sold and currently in escrow, definitely up from 5 in August anmd down from 17 in July.
  • 15 homes closed escrow in August, similar to 16 for July. .
  • 36 homes were taken off the market, or listings expired or withdrawn, compared to 39 for August and down slightly from July.

Condominimum re-sale activity for September:

  • 47 condo/town-homes currently for sale, compared to 40 for August and July.
  • 1 property sold and went into escrow compared to 0 in August. 5 in July and 7 for June.
  • 2 properties closed escrow, compared to 15 for August and July.

La Mirada is a wonderful community known for many things including nice homes on beautiful tree-lined street. The city is also know for Biola University, a private Christian University and the famous La Mirada Theater for the Performing Arts.

La Mirada is a city I've always love working in since the very beginning of my real estate career in the early 70's. It seemed like almost everyone had an olive tree in their front yard. If you're interested in finding out more about La Mirada check out Living in La Mirada.  If you want to find out more about La Mirada real estate, contact me at Lynda@PreferredHomeBrokers.com

Photos by Lynda Eisenmann ~ Preferred Home Brokers

 

Comments(6)

Celeste "SALLY" Cheeseman
Liberty Homes - Mililani, HI
(RA) AHWD CRS ePRO OAHU HAWAII REAL ESTATE

You always have a well planned attack to show the market in your area and make it eye catching as well. Thanks Lynda....I can always count on seeing it like it is through your posts.

Oct 23, 2007 09:56 AM
Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker Associate ,CRS,GRI,SRES, Brea,CA, Orange Co
Sally ~ Thanks so much for the nice comment, and boy are you fast!
Oct 23, 2007 09:58 AM
Missy Caulk
Missy Caulk TEAM - Ann Arbor, MI
Savvy Realtor - Ann Arbor Real Estate
Well, it looks good in La Mirada, California.
Oct 23, 2007 10:21 AM
Kaye Thomas
Real Estate West - Manhattan Beach, CA
e-PRO, Manhattan Beach CA
Lynda- Looks as if La Mirada is holding fairly steady.. I think if we were looking at huge problems we would see far bigger increases in inventory  at this time with loan resets.
Oct 23, 2007 10:56 AM
"The Lovely Wife" The One And Only TLW.
President-Tutas Towne Realty, Inc. - Kissimmee, FL

Lynda...

I have been thinking about all my friends in CA...Naturally...

You're one of them. Wishing you well and kudos for offering up the pick up trucks.

That was so nice of you :)

TLW...ROAR!

Oct 23, 2007 11:27 AM
Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker Associate ,CRS,GRI,SRES, Brea,CA, Orange Co

Missy ~ Good hearing from you, thanks.

Kaye ~ Good thinking and I agree. It seems like the overall activity for September was greater than August.

TLW ~ Thank you so much, very thoughtful of you. My area is very safe, yet ashes everywhere.  

Oct 24, 2007 12:08 PM