Yorba Linda Homes....Where is the Market Now??? February 5, 2009

By
Real Estate Agent with TNG Real Estate Consultants

According to the SocalMLS, here are the numbers for Yorba Linda Single Family homes as of February 5, 2009 for both the 92886 and 92887 zip codes:

Homes Currently on the Market: 327

Homes Under Contract (In Escrow):  80   (ALL price ranges represented here)

Percentage of Homes in Escrow:  24%

The following is the number for condos/townhomes in Yorba Linda's 92886 and 92887 zip codes:

Homes Currently on Market:  63

Homes Under Contract (In Escrow):  25  (almost all of these are in the $200K to $400K range)

Percentage of Homes in Escrow:  40%

Wow!!!  Even I am kind of amazed at the condo/townhome market....buyers are out there and they are buying.  What do these stats indicate?

1.  The lower end is selling like hotcakes in Yorba Linda...mostly 1st time buyers and investors.

2.  For single family homes, ALL price ranges are selling if buyers feel they are a good deal.

Looking to buy or sell in Yorba Linda?  Call Nic Petrossi with Prudential at (714) 272-3646 cell.

Check out his website -------->  Click Here!!!

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Nic Petrossi

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