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Market Report on Homes for Sale in Whittier, CA – October 4, 2010

By
Real Estate Agent with Berkshire Hathaway HomeServices California Properties DRE# 01788371

This Market Report is for Whittier, California.

This Market Report on Whittier Homes for Sale will focus on Single Family Residences in Whittier, California.  It does not include condominiums or Multifamily Residences.

Whittier Home Sales

As of today, there are 407 Single Family Residences for sale in the Whittier area.

Whittiier Home Prices 

88 homes were sold in the City of Whittier during the month of September.  Over the past three months, 268 homes were sold in Whittier.

Whittier Home Sales Days On Market 

The average Whittier home sale price over the past month was $363,449, at an average cost per square foot of $227.72.

293 Whittier homes are currently in Backup or Pending status.

It would take 4.6 months, at the current rate of sales, for all the current Whittier homes on the market to sell.  Technically a Sellers' Market is when there is less than 5 months of supply.  Whittier is currently neither a Sellers' Market nor a Buyers' Market.  This is a significant shift in the Whittier real estate market, which has been in a strong Sellers' Market for the past year and a half.

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About the author: The above article was provided by Rob Willis, a locally recognized Realtor®.

If you like my blog, make sure you subscribe to my RSS feed to get the latest Whittier real estate news.

For Home Buyers, see this website to start searching for your home.

Thinking about selling your home? Go to The Home Sale Site.

I help home owners in the following towns in the greater Whittier area: La Habra, La Habra Heights, La Mirada, Norwalk, Santa Fe Springs, Covina and West Covina.

Harrison K. Long
HomeSmart, Evergreen Realty - Irvine, CA
REALTOR , GRI, Broker associate, Attorney

Bob ... I like your housing market update from Whittier, CA.  Interesting that most homes listed and sold appear to be under $400k. 

We have about 34% distressed properties and short sales on the Orange County housing market, and I wonder whether yours is above or below that.

Oct 04, 2010 11:14 AM
Juli Vosmik
Dominion Fine Properties - Scottsdale, AZ
Scottsdale/Cave Creek, AZ real estate 480-710-0739

Great stats.  What program are you using to develop the graphics?   I'm still learning how to turn on my computer and would really like to know.

 

Oct 04, 2010 05:55 PM
Bob Willis
Berkshire Hathaway HomeServices California Properties - Orange, CA
Orange County & L.A. County Real Estate Agent

Harrison, today there are 458 homes (including condos & SFRs) on the market in Whittier.  231 of them are either short sale or REO.  So, that works out to about half of them being distressed.

Oct 05, 2010 04:41 AM
Bob Willis
Berkshire Hathaway HomeServices California Properties - Orange, CA
Orange County & L.A. County Real Estate Agent

Juli ~ I use Microsoft Excel to make the graphs.  Just highlight your data cells in Excel and click on the graphs icon.  You need to experiment and put some time into it to learn how to do it.  I still have a lot to learn.

Oct 05, 2010 04:42 AM