Anaheim Home Sales Report ~

By
Real Estate Broker/Owner with Preferred Home Brokers 00402040

When it comes to Anaheim real estate, it's not only home to the famous mouse, it's also home to a population of about 350,000 citizens in the heart of Orange County.Anaheim Real Estate Report 2011

Anaheim homes for sale in February shows that short sales listings out weighed "standard sales" by almost 2 to 1.

  • Single Family Homes
  • 64% of the current inventory of the single family detached homes in Feb. 2011 were identified as short sales or bank repos.
  • 36% of single family homes for the same time period were identified as "standard sales".
  • Condos/Attached Homes
  • 70% of condos for sale were either short sales or bank repos.
  • 30% were indentified as standard sales.

Comparing Feb. 2010-2011 Single Family Detached Properties:

  • 2010 93 Closings ~ $363,300 Avg. Pr ~ $225 Sq. Ft. ~ 82 Days on Mkt
  • 2011 56 Closings ~ $362,300 Avg. Pr ~ $247 Sq. Ft. ~ 74 Days on Mkt

Feb. 2010-2011 Condo Comparisons:

  • 2010 22 Closings ~  $224,200 Avg. Pr ~ $202 Sq. Ft.
  • 2011 17 Closings ~ $ 202,147 Avg. Pr ~ $167 Sq. Ft.

Anaheim was formerly known for wide open spaces including orange groves and strawberry fields which eventually gave way for development once Walt Disney help put the city on the map by creating Disneyland in the mid-1950's. Today it's a bustling community with continued growth including the Platinum Triangle nearPreferred Home Brokers Orange County Real Estate Angel Stadium and the Honda Center.

Many of us who live in Orange County love what I call the friendly sounds of summer, 9:30 pm, you can set your clock by the Disney's celebration of fireworks nightly.

If you're selling your Anaheim home, check out my special home selling site, HomeSelling101.com for tips and home selling help.

For home buyers or sellers check out home buying videos on inspections, contracts, disclosures, your final walk through & more. Then contact me Lynda@PreferredHomeBrokers text or direct (714) 595-1494. At Preferred Home Brokers, we've represented home buyers and sellers for 35 years.

-Data Source SoCal MLS & Does not include Anaheim Hills - CA Broker's License #00402040

 

 

 

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Ambassador
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Bryan Robertson
Los Altos, CA

It looks like the price per square foot is up on SFR which is a good sign and days on market is down which is also good.  When I've seen similar numbers in areas around Silicon Valley, it usually means a broader turnaround for the year.

Mar 08, 2011 04:13 AM #1
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William Johnson
Retired - La Jolla, CA
Retired Real Estate Professional

Hi Lynda, Great Market Report. Speaking of a famous mouse, A lttle trivia question for you. Do you know what this fmaous mouse's name was before it become the name you know it to be now?

 

 

 

 

 

 

Ans. When Walt first introduced this little creature, he named him Mortimer. It was Walt's wife that suggested the name Mickey and the name stuck.

Mar 08, 2011 06:40 AM #2
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1,893,084
Gary Woltal
Keller Williams Realty - Flower Mound, TX
Assoc. Broker Realtor SFR Dallas Ft. Worth

Great report Lynda, and like your Brea ones, so complete. Anaheim, home to Disneyland is now rumored to be the place where the Sacramento Kings NBA team may move to. Stay tuned. The Angels in baseball took the Anaheim name and dumped the California name years ago. Great city. Home of MORTIMER mouse LOL, see William's comment.

Mar 08, 2011 06:54 AM #3
Rainmaker
555,030
Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker-Owner,CRS,CDPE,GRI,SRES, Brea,CA, Orange Co

Hey Bryan ~ Thanks for the comment & imput on your market.

William ~ Tnx, and I was wrong in my guess, I thought it was Steamboat Willie.

Gary ~ That's what I've heard, but who knows? Also (sorry William) there has been talk of the S. D. Chargers moving up this way, yet I've not heard the latest. As one from OC, personally I hope it does NOT happen, I love the people in S.D. & wouldn't want to see this happen to thDucks of Anaheimem.

One thing I did not mention is that the Honda Center (some of us still call it the "Pond") is home to the Anaheim Ducks. Here's a photo from two nights ago, it's my grandson Kyle on the ice before the game. Boy was he excited. I'd also like to say the Ducks of Anaheim gives a lot back to our community, they are huge supporters of CHOC, Children's Hospital of OC, of which we (as a family) are also big fans.

Mar 08, 2011 11:12 AM #4
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Karen Kruschka
RE/MAX Executives - Woodbridge, VA
- "My Experience Isn't Expensive - It's PRICELESS"

Lynda  Your Anaheim market report is clear and concise - the work of a highly experienced broker.  I'm glad you're not my competition  ")

Mar 09, 2011 02:45 AM #5
Rainmaker
555,030
Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker-Owner,CRS,CDPE,GRI,SRES, Brea,CA, Orange Co

Hi Karen ~ Thank you, as for the competition...ditto!

Mar 09, 2011 08:26 AM #6
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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 your market reports are always so informative and to the point.  Seem short sale is still a big factor in the market, a good opportunity for buyers.

Mar 12, 2011 02:18 PM #7
Rainer
387,759
Doug Anderson
Tucker Associates Real Estate Services - Danville, CA
Bay Area Real Estate Views

Lynda - This is one of the best market reports I have come across. It certainly contains a lot of useful market data.

Mar 15, 2011 12:17 PM #9
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Lynda Eisenmann

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