October Sales for Orange (92867, 92869)

October 2009 Real Estate Active in (East) Orange, CA (92867,92869)

October 2009 Sales in Orange 

 

$500,000-$1,000,000 

For just the month of October in the city of Orange (92867,92869),in the price range $500,000-$1,000,000 The active inventory is 73 properties, with the average price at $705,984.  Average List Price /$ per sq. ft.:  ($705,984 /2524 sq. ft.) or $279.71 per sq. ft

Between the price range of $500,000-$1,000,000 there are 41 properties that went under contract.

There are 21 properties in “Back Up”-

Average List Price /$ per sq. ft.: ($662,122/ 2541 sq. ft) $260.58 per sq. ft.

There are 20 properties in “Pending Sales” (Contingencies Removed)

Average List Price /$ per sq. ft.: ($693,340 /2624sq/ ft),  $264.23  per sq. ft.

Sold and Closed

There are 8 properties that have sold and closed for October

Average List Price /$ per sq. ft.: ($734,812 /2859 sq/ ft),  $257.02  per sq. ft.

The sales prices and $ per sq. foot for both the Back-ups and Pending sales will be less than above once these properties actually close escrow and we see what they sold for.

$1,000,000 +

Above $1,000,000-one million dollars there are 44 Active Listings.

Average List Price /$ per sq. ft.: ($1,786,272 /4454 sq/ ft),  $401.05 per sq. ft.

Above $1,000,000-one million dollars-just one property is under contract as “Pending”

Average List Price /$ per sq. ft.: ($1,550,000 /4900 sq/ ft),  $316.33  per sq. ft.

This would mean at one sale per month over 1,000,000 it would take 44 months to sell off all of the active listing inventory.

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