Weekending 09/09/11
From 09/02/11 to 09/09/11 there were 47 New Listings in Huntington Beach, 6.4% of which were Short Sales and 14.9% were REOs.
According to the MLS, there were 380 closed sales during 09/02/11 to 09/09/11 in Orange County. That compares to 463 closed sales for the same time period last year in 2010.
Of the closed sales in ending 09/09/11, about 23.5% were reported to be Short Sales and about 15% were reported to be REOs, with total distressed properties closing for this time period accounting for 38.5%.
Current Inventory
The MLS shows a current inventory of 651 homes for sale in Orange County during this time period. Of these, about 23.3% are listed as Short Sales and about 10.4% are listed as REOs.
Here’s the recent data, as of last Thursday, for listings; deals pending; market time in months; last Thursday vs. 2 weeks ago, a year ago and 2 years ago.
|
Slice |
Listings |
Deals |
Market Time (months) |
2 week ago |
1 yr. ago |
2 yr. ago |
|
$0-$250k |
1,810 |
647 |
2.80 |
2.65 |
3.26 |
1.78 |
|
$250k-$500k |
3,736 |
1,473 |
2.54 |
2.54 |
2.95 |
1.33 |
|
$500k-$750k |
2,326 |
588 |
3.96 |
3.89 |
4.12 |
2.24 |
|
$750k-$1m |
992 |
186 |
5.33 |
5.33 |
5.37 |
4.08 |
|
$1m-$1.5m |
734 |
89 |
8.25 |
7.77 |
8.33 |
6.12 |
|
$1.5m-$2m |
420 |
48 |
8.75 |
9.02 |
9.70 |
8.71 |
|
$2m-4m |
520 |
37 |
14.05 |
14.70 |
15.51 |
20.11 |
|
$4m+ |
309 |
7 |
44.14 |
31.50 |
36.50 |
50.75 |
|
All O.C. |
10,754 |
3,049 |
3.53 |
3.46 |
4.05 |
2.46 |
Thank you,
Alan Adamo NAR, CAR, OCAR
Westline Real Estate - REALTOR®
westlinerealestate.com
714-726-5429
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