La Habra Homes For Sale ~ La Habra Real Estate Statistics August 2010

By
Real Estate Broker/Owner with Preferred Home Brokers 00402040

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

La Habra Homes Sales StatisticsTaking 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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Rainmaker
507,232
Cal Yoder
Keller Williams Elite - Lititz, PA
Homes For Sale in Lancaster PA - 717.413.0744

Wow, only a 5 month absorption rate in La Habra. It looks like a great time for someone who is thinking about making a move.

Cal

Sep 08, 2010 12:02 AM #1
Ambassador
463,122
Terrie Leighton
Ferrari-Lund Real Estate - Reno, NV
Reno Real Estate Agent ~ Selling Homes in Reno

Lynda ~ Excellent market report! Well thought out and presented nicely.

Sep 08, 2010 04:42 PM #2
Rainmaker
552,739
Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker-Owner,CRS,CDPE,GRI,SRES, Brea,CA, Orange Co

Hi Cal ~ Somewhere around 4-5 months is what we're seeing around in the area.

Terrie ~ Thanks for stopping by.

Sep 08, 2010 04:56 PM #3
Rainmaker
1,317,757
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

Yet home sales in La Habra actually increased by 18% over last year.  This is very positive news... now we hope that this is a trend.  The next few months will be very interesting to see where the market is going.

Sep 08, 2010 05:49 PM #4
Ambassador
1,654,594
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 we are so appreciative of any positive signs, and the La Habra market in August showed this by the increase of 18 percent.

Sep 09, 2010 04:33 PM #5
Rainmaker
230,429
Dee Mayers
Covina, CA
San Gabriel Valley, CA

18% increase, that's what we need a positive market.  Things are looking up!

Sep 10, 2010 03:27 PM #6
Rainmaker
1,073,453
Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

Lynda it is good to hear that La Habra is bucking the downward trend nationally. 18% is a decent jump!

Sep 11, 2010 12:34 AM #7
Ambassador
628,592
Jeanean Gendron
The Address Realty - Redding, CA
Specializing in Selling Unique Properties

Lynda, good to hear good news. It's time for me to do my market reports and I hope we see a bit of an uptick. This is so encouraging. Thanks for the visit and joining the group. We all need good news. Nice to come for a visit! Nice market report, Lynda. You always do a nice job!

Sep 11, 2010 04:45 AM #8
Rainmaker
1,951,280
Tom Braatz Waukesha County Real Estate 262-377-1459
Coldwell Banker - Oconomowoc, WI
Waukesha County Realtor Real Estate agent. SOLD!

Lynda

Looks like the activity is getting lots better in La Habra

Sep 12, 2010 04:39 PM #9
Rainmaker
552,739
Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker-Owner,CRS,CDPE,GRI,SRES, Brea,CA, Orange Co

Joan, Jennifer, Dee & Bill ~ I agree the increase was suprising to me too. Especially after hearing so much about things slowing down after the expiration of the tax credit. I'll really be interested to see the numbers for this month.

Jeanean & Tom ~ Thanks for stopping by.

Sep 12, 2010 06:11 PM #10
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Rainmaker
552,739

Lynda Eisenmann

Broker-Owner,CRS,CDPE,GRI,SRES, Brea,CA, Orange Co
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