Orange County – March Market Summary

  • Comparing March year over year, pended sales were down 7.6% over a year ago, while homes available for buyers were also down 51.7%
  • Closings were up 0.7% over a year ago
  • The effect of fewer listings and more pended sales is clearly illustrated in the Months of Inventory/Closed Sales (1.2 months) and Months of Inventory/Pended Sales (1month)
  • Compared to a year ago, the average price per square foot was up 17.65%
  • The sold/list differential percentage was actually better than a year ago. The 2% figure represents how buyers and seller are negotiating with each other. It also tells us how buyers and sellers should strategize to list their property and how to strategize writing an offer to obtain the best results.
  • Overall, supply has decreased dramatically to near all-time low levels and pended sales have increased significantly. If the current trend continues, we expect the local markets to continue to appreciate at an accelerated pace. Overall in March there were 3,409 fewer homes available and 266 fewer homes sold in March 2013 as compared to March 2012. Overall in Orange County, an incredible 96% of the supply of the homes available in March 2013 sold.
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Anaheim Hills – March Market Summary

Anaheim Hills 92807:

• Comparing March 2013 to March 2012, pended sales were down 3.4%, while homes available were also down 54.5%
• Closings were up 21.6% over a year ago
• Months of Inventory/Closings (0.9 months) and Months of Inventory/ Pended Sales (0.7 months) indicate a low supply and high demand
• The average price per square foot has increased from a year ago from $234 to $265
• The sold/list price differential was 2%

Anaheim Hills 92808:

• Comparing March 2013 to March 2012, pended sales were down 7.5%, while homes available were also down 59.6%
• Closings were up 93.8% over a year ago
• Months of Inventory/Closings (0.7 months) and Months of Inventory/ Pended Sales (0.6 months) indicate a low supply and high demand
• The average price per square foot increased from $234 to $255
• The sold/list price differential was 4%

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Anaheim Hills February Market Summary

Anaheim Hills 92807:

• Comparing February 2013 to February 2012, pended sales are up 4.9%, while homes available were down 58.4%
• Closings were exactly the same as a year ago
• Months of Inventory/Closings (2.1 months) and Months of Inventory/ Pended Sales (1.1 months) indicate a low supply and high demand
• The average price per square foot has increased from a year ago from $221 to $261
• The sold/list price differential was 1%

Anaheim Hills 92808:

• Comparing February 2013 to February 2012, pended sales were down 3.4%, while homes available were down 58%
• Closings were down 28.6% over a year ago
• Months of Inventory/Closings (1.9 months) and Months of Inventory/ Pended Sales (1 month) indicate a low supply and high demand
• The average price per square foot increased from $254 to $269
• The sold/list price differential was 1%

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Orange County February Market Summary

• Comparing February year over year, pended sales are down 7.8% over a year ago, while homes available for buyers are down 55.4%
• Closings were down 23.6% over a year ago
• The effect of fewer listings and more pended sales is clearly illustrated in the Months of Inventory/Closed Sales (2.2 months) and Months of Inventory/Pended Sales (1.1 months)
• Compared to a year ago, the average price per square foot was up 14.9%
• The sold/list differential percentage was actually better than a year ago. The 2% figure represents how buyers and seller are negotiating with each other, tells us how buyers and sellers should strategize to list their property and how to strategize writing an offer to obtain the best results.
• Overall, supply has decreased dramatically and pended sales have increased significantly. The trajectory, if the current trend continues, is that we can expect the local markets to continue to appreciate. Overall, in February there were 4,015 fewer homes available and 240 fewer homes sold in February 2013 as compared to February 2012.
• Overall in Orange County, an incredible 87% of the supply of the homes available in February 2013 sold; compared to 42% in 2012. During the month of February 2013, there were 3,235 homes available and 2,822 homes sold.

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Anaheim Hills News – October 12, 2012

 If you would like to search the MLS the same way I do, email me at LesslieG@aol.com

 

The following statistics include real estate transactions for Anaheim Hills as of Friday, October 12, 2012.

 

Condo Listings, by Zip Code, Activity between 10/5/12-10/12/12

 

Active condo listings in 92807:

1, $325,000; 1,532 square feet or $212.14 per square foot.

Pending:

1, $449,000; 2,255 square feet or $199.11 per square foot.

Closed:

1; $382,000; 1,635 square feet or $233.64 per square foot.

No Back-up sales between 10/5/12-10/12/2012

 

Active condo listings in 92808:

3, Average price is $399,633; 1,370 square feet or $291.70 per square foot.

Closed:

1, $311,000; 1,394 square feet or $223.10 per square foot.

No Back-up or Pending sales between 10/5/2012-10/12/2012

 

Single Family Residence Listings, By Zip Code, Activity between 10/5/2012-10/12/2012

 

Active SFR listings in 92807:

29, ranging from $475,000 for 1,332 square feet to $4,950,000 for 10,000 square feet.

Back-up:

2, Average price is $556,950; 1,898 square feet or $293.55

Pending:

3, Average price is $489,333; 2,087 square feet or $234.47 per square foot.

Closed:

1, $500,000; 1,386 square feet or $361.79 per square foot.

Active SFR listings in 92808:

27, ranging from $446,900 for 2,722 square feet to $3,000,000 for 6,118 square feet.

Back-up:

4, Average price is $707,475; 2,987 square feet or $236.85 per square foot.

Pending:

5, Average price is $709,780; 2,769 square feet or $256.33 per square foot.

Closed:

1, $815,000; 3,200 square feet or $254.69 per square foot.

 

Lesslie Giacobbi is a Realtor with

Seven Gables Real Estate in Anaheim Hills.

Contact her at 714-685-2223 or

lesslieg.featuredblog.com

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August 2012 Market Summary – Orange County

  • Comparing August, year over year, pended sales are up 37.8% over a year ago, and homes available for buyers, down 55.2%
  • Closings were up 16% over a year ago
  • The effect of fewer listings and more pended sales is clearly illustrated in the Months of Inventory/Closed Sales (1.7 months) and Months of Inventory/Pended Sales (1.3 months)
  • Compared to a year ago, the average price per square foot is up 7.7% to $309
  • The sold/list differential percentage is exactly the same as one year ago. The 3% figure represents how buyers and seller are negotiating with each other as well it tells us how buyers and sellers should strategize to list their property and how to strategize writing an offer to obtain the best results.
  • Overall, supply has decreased dramatically and pended sales have increased significantly. If the current trend continues we expect a flattening of prices and in some local markets, appreciation. Overall, there were 5,984 fewer homes available and 1,040 more homes sold in August 2012 as compared to August 2011. Overall in Orange County, 78.1% of the supply of the homes available in August 2012 sold– compared to 25.8% in 2011, with prices on a per square foot basis rising 7.7% as compared to August 2011. During the month of August 2012, there were 4,857 homes available and 3,794 homes sold, leaving a mere 1,063 homes available going into September. This represents the highest absorption rate in nearly 7 years.

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Anaheim Hills – July Market Summary

July Market Summary

 

92807

  • Comparing July 2012 to July 2011, pended sales are up 55%, while homes available are down 54.6%
  • Closings were up 51.7% over a year ago
  • Months of Inventory/Closings (1.6 months) and Months of Inventory/Pended Sales (1.1 months) indicate a low supply and high demand
  • The average price per square foot has decreased from a year ago from $254 to $233
  • The sold/list price differential is 1%

 

92808

  • Comparing July 2012 to July 2011, pended sales are up 170%, while homes available are down 47.3%
  • Closings were .2% over a year ago
  • Months of Inventory/Closings (1.5 months) and Months of Inventory/Pended Sales (0.9 months) indicate a low supply and a high demand                                                                                                                                  
  • The average price per square foot increased from $249 to $255
  • The sold/list price differential is 2%

 

 

If you would like to search the MLS the same way I do, email me at LesslieG@aol.com

 

The following statistics include real estate transactions for Anaheim Hills as of Friday, August 24, 2012.

 

Condo Listings, by Zip Code, Activity between 8/17/12-8/24/12

 

Active condo listings in 92807:

3, Average price is $356,633; 1,581 square feet or $225.57 per square foot.

Back-Up:

1, $459,500; 2,255 square feet or $203.77 per square foot.

Closed:

1, $459,900; 2,011 square feet or $228.69 per square foot.

No Pending sales between 8/17/12-8/24/2012

 

Active condo listings in 92808:

2, Average price is $322,000; 1,155 square feet or $278.79 per square foot.

Back-up:

1, $209,900; 883 square feet or $237.71 per square foot.

Pending:

1, $299,000; 1,225 square feet or $244.08 per square foot.

Closed:

6, Average price is $342,550; 1,254 square feet or $273.17 per square foot.

 

Single Family Residence Listings, By Zip Code, Activity between 8/17/12-8/24/12

 

Active SFR listings in 92807:

30, ranging from $399,900 for 1,635 square feet to $3,950,000 for 7,400 square feet.

Back-Up:

1, $349,999; 1,897 square feet or $184.50 per square foot.

Pending:

3, Average price is $517,966; 2,696 square feet or $192.12 per square foot.

Closed:

3, Average price is $575,333; 2,184 square feet or $263.43 per square foot.

Active SFR listings in 92808:

36, ranging from $509,300 for 2,300 square feet to $2,500,000 for 6,118 square feet.

Back-up:

5, Average price is $793,400; 2,747 square feet or $288.82 per square foot.

Pending:

1, $1,649,000; 6,865 square feet or $240.20 per square foot.

Closed:

1, $570,005; 2,000 square feet or $285.00 per square foot.

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