DISTRESSED SALES NEARLY NON-EXISTENT IN YORBA LINDA CA
Active real estate listings in Yorba Linda fell again, on a month to month basis, with a drop of 14.8% between August and September 2012. This trend, which has been consistent throughout the year, has placed upward pressure on the home prices in Yorba Linda, and has created multiple offer situations on all desirable properties.
All listing categories are down, as compared to January of 2012, but distressed sales have nearly vanished in Yorba Linda, California. This is due to the market stabilization in the area, and the fact that more and more homeowners are able to sell their property with an equity position.
Active Real Estate Listings in Yorba Linda CA = 143
Highest and Lowest Real Estate Listing in Yorba Linda CA
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Lowest priced property for sale in Yorba Linda, CA - $130,00.00
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Highest priced property for sale in Yorba Linda, CA - $4,000,000.00
Yorba Linda CA Active Real Estate Listings By Property Type:
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119 Single Family Residence
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24 Condo/Townhouse
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0 Other (Land, Mobile Home, Mixed Use Property, etc...)
Yorba Linda CA Active Real Estate Listing By Sales Type:
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118 Standard
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5 REO*
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16 Short Sale**
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4 Other (Relocation Sale, Probate Sale, etc...)
Yorba Linda CA Active Real Estate Listings By Price Range:
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114 Yorba Linda, CA properties priced above $500,000.00
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29 Yorba Linda, CA properties priced at or below $500,000.00
PENDING SALES DIP FROM AUGUST TO SEPTEMBER 2012
Pending real estate sales dipped by a modest 3.8% month over month in Yorba Linda, with all listing categories contributing to the decline in September. However, when compared to the pending sales figures documented in January of 2012, pending standard listings have increased by 100%.
Yorba Linda CA Properties In Pending And Back Up Status = 200
Pending Yorba Linda CA Properties By Sales Type:
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74 Standard
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6 REO*
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117 Short Sale**
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3 Other (Relocation Sale, Probate Sale, etc...)
REAL ESTATE SALES FALL 17.2% IN YORBA LINDA CA
Yorba Linda real estate sales fell 17.2% between August and September 2012. A drop is normal for this time of year, as children return to school and many home buyers choose to wait until spring to begin their search again. Although, considering the high number of short sales currently pending in Yorba Linda, I suspect that these figures will increase over the next few months. Short sales take much longer to close than standard and foreclosure sales, and there are more short sales pending in Yorba Linda than all other listing categories combined at this moment.
Yorba Linda CA Properties Sold in September 2012 = 67
Yorba Linda CA Properties Sold By Sales Type:
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45 Standard Sales
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3 REO Sales*
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18 Short Sales**
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1 Other (Relocation Sales, Probate Sales, etc...)
Highest and Lowest Real Estate Sales in Yorba Linda CA in September 2012
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Lowest Yorba Linda real estate sale - $171,000.00
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Highest Yorba Linda real estate sale - $1,461,000.00
What Home Buyers Got For Their Money in Yorba Linda CA in September 2012
For $171,000.00 you could have purchased a condo in Yorba Linda, California with the following features and amenities:
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2 Bedrooms
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2 Bath
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1,212 SF
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Built in 1989
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$302 HOA Dues
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Clean Condition
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Short Sale
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Conventional Financing
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Placentia Yorba Linda Unified School District
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Located on the far east end of Yorba Linda, in the Bryant Ranch area
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92887 Zip Code
For $1,461,000.00 you could have purchased a home in Yorba Linda, California with the following features and amenities:
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5 Bedrooms
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6 Baths
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5,606 SF
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16,746 SF Lot
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4 Car Attached Garage
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Built in 2006
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Highly Upgraded Throughout
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3 Staircases
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Game Room
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All Bedrooms Have Private Baths
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Pebble Tech Pool and Spa
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Built-In BBQ and Island
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City Lights and Hills View
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Short Sale
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Conventional Financing
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Placentia Yorba Linda School District
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Central/West Yorba Linda
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Located in the Del Mar Tract of Vista Del Verde
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92886 Zip Code
*REO: Real Estate Owned. Foreclosed properties currently owned by the lender.
** Short Sale: Properties that are still owned by the borrower, however the borrower is attempting to sell the property for less than what is owed to the lender, which requires lender approval.
Information contained in this market report was compiled from available MLS data as of Oct 1st, 2012.
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