Real Estate Update for Whittier and La Habra!

Real Estate Update for Whittier and La Habra!

The first quarter of 2013 is already behind us, and so far we are on track for the best year we have seen in recent memory! While official data for the quarter is still pending, we're going to share a peek at home sale trends in Whittier and La Habra!

For much of the first quarter, limited home inventory and higher prices have been the story. According to Trulia, median home sale prices in Whittier are up by 15.2% compared to last year. The median home sale price through March was $345,000. Currently, the average list price for a Whittier home is $462,686.

We are seeing from market data that distressed property sales in Whittier are continuing to decline, and the days on market are very short. Only 5% of our current market involves distressed home sales. This time last year, distressed sales accounted for 27% of the market. Whittier homes for sale are averaging only 26 days on market.

Home inventory in Whittier, while well below last year's numbers, has improved slightly in recent weeks, rising by 2%.

La Habra median home sale prices are up by 22.1% compared to this time last year. As of March, the median home sale price was $365,000.  The average list price for a La Habra home is currently $410,521.

About 10% of the La Habra real estate market involves distressed home sales. A year ago, distressed sales accounted for 29% of the market. La Habra homes for sale are spending an average of 22 days on market, which is less than half of the market time experienced last year.

The second quarter of 2013 will likely remain a seller's market. However, there are localized pockets of foreclosures that will continue to affect home prices in some neighborhoods. Statistics give you a general guideline, but please remember that home values and market activity will vary by neighborhood and street.

Whenever you are thinking of buying or selling a home, get the local expertise you can trust! Let the Domis Team show you the real estate opportunities available in our markets today! Whether you need information about your current home value, or you just have a few questions, you can always expect the best in courteous, professional service!

The Domis Team
Prudential California Realty
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Photo of Linda & Ryan Domis - The Domis Team Real Estate
Linda & Ryan Domis - The Domis Team
Keller Williams Realty
16310 E. Whittier Blvd. Suite F
Whittier CA 90603
Cell: 562-884-5373
Cell:562-458-6947
Fax: 562.902.5158
The Domis Team Real Estate, Whittier, La Habra, Orange County Homes for Sale The Domis Team Real Estate, Whittier, La Habra, Orange County Homes for Sale The Domis Team Real Estate, Whittier, La Habra, Orange County Homes for Sale The Domis Team Real Estate, Whittier, La Habra, Orange County Homes for Sale

Contact the Domis Team

Linda Domis - DRE #00571375 | Ryan Domis - DRE #01969771
Whittier Homes for Sale | La Habra Homes for Sale
Lake Park Brea Senior Community | Lake Park La Habra Senior Community

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