La Habra Home Sales Report ~ La Habra Real Esate Update October 2008

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Real Estate Broker/Owner with Preferred Home Brokers 00402040

La Habra, CA 90631  home sale report for October 2008 ~ Single family pending home sales in La Habra were up, while condo sales were down.  

  • Single family homes range in price from $165,000 to $1,675,000, although only 4 were priced over $1,000,000.00
  • 180 homes are currently for sale, the highest number in three months, compared to 129/149/153/182/216 prior months.  
  • 34 pending sales in escrow during the month, up from 18 last month and 24/18/25/34/37 prior months.
  • 35 homes closed October up from 32 last month and 27/14/25/26 prior months.  
  • $448,000 is the average asking price and buys you approximately 1,631 square feet.
  • $398,000 is the average closed price for 1,512 square feet with an average of 50 days on the market.

 

  •  Condominiums range from $114,000 to $475,000 ~ The exact same as last month.
  • 72 condo/town-homes are currently for sale, compared to 63 last month and down from 82 the last two month. 
  • $238,000 is the average asking price for 1,078 square feet. 
  • 12 pending sales (currently in escrow) in escrow, down from last month and compared to 23/11/6/5 for prior months.  
  • 23 closed, more than double from last five months, compared to 10/10/3/8/10 previously.  
  • $252,000 was the average closed price for 1,151 square feet, with an average time of 50 days on the market.

Overall Data Shows:

  • La Habra's current housing supply* is 6.6 months ccompared to 7.5 last month and 9.5 the prior three months, also 11.7 five months ago.
  • Calculations apply to both single family homes and condos.

Check out August 2008 report here, or view September 2008, or see my So Cal Home Prices A Foot At A Time.

La Habra is well known for the lively Children's Museum,  click here to see more, we've been there many times ourselves with our family   If you're interested in learning more about La Habra check out Living in La Habra, and see why La Habra is a city with a heart.

Want to know more about La Habra Real Estate? Contact me Lynda@PreferredHomeBrokers.com, view Preferred Home Brokers and see why we're one of the longest established independent brokerages in Orange County under the same ownership

 

 

If you are thinking of selling your Orange County home consider this:

  • 84% of all home buyers begin today with the Internet for their home search.
  • 80% of Orange County is on-line.
  • The average age in Orange County is 36 and I don't know of a "thirty something" person in Orange County who is not on line.
  • For  the maximum on-line marketing exposure contact me Lynda@PreferredHomeBrokers.com

 

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Rainmaker
718,789
Teri Eckholm
Boardman Realty - White Bear Lake, MN
REALTOR Serving Mpls/St Paul North & East Metro

Lynda--Good to see the lower inventory levels in La Habra...Nice update as usual!

Nov 12, 2008 01:52 AM #1
Rainmaker
246,926
Gena Riede
Riede Real Estate, Lic. 01310792 - Sacramento, CA
Real Estate Broker - Sacramento CA Real Estate (916) 417-2699

Lynda, as usual you have done a spectacular job showcasing the inventory and stats for La Habra. It is easy to see why home buyers and home sellers rely on your expertise.

Nov 12, 2008 03:10 AM #2
Rainmaker
1,045,533
Bill Gassett
RE/MAX Executive Realty - Hopkinton, MA
Metrowest Massachusetts Real Estate

Lynda your usual thorough job of analyzing the sales data in your market. Certainly valuable information for those thinking of buying of selling a home in La Habra.

Nov 12, 2008 01:52 PM #3
Rainmaker
550,924
Lynda Eisenmann
Preferred Home Brokers - Brea, CA
Broker-Owner,CRS,CDPE,GRI,SRES, Brea,CA, Orange Co

Teri, Gena & Bill ~ Thanks so much for the nice comments. All three of you do such great jobs in your own market area, we continue to share and learn from each other.

Nov 12, 2008 02:40 PM #4
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Rainmaker
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Lynda Eisenmann

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