Brea, CA

Brea, CA Real Estate Sales Report ~ Brea housing inventory remains low compared to earlier this year.

Brea Single Family Homes for October 2009:

• 53 re-sale homes were for sale, compared to 50/59/56/67/81/65/94/ respectively for the past few months.
• 21 pending sales & back-ups, down from 28/42/33/20/23/18/15/24/20/16/36/30/27 in prior months.
• 33 homes closed in Oct. as compared to 23/20/22/15/24/29/12/13/20/11/28/30
• respectively in the prior 12 months.
• Average selling price for Oct. was $530,000 down slightly from last month, avg. sq. ft. was 2211.
• The average days on the market for Oct. was 77 compared to 56 & 78 in two months.

Brea Condo Sales Activity for Oct. 2009:

• Only 13 condos were for sale, compared to 10/10/14/16/14/6/12/9/13 in the past few months.
• 4 pending sales/back-ups went into escrow, compared to 8/4/6/3/3/1/4/3/1/5/7/2/1/1/ in prior months.
• 4condos closed escrow in Oct. compared to 7/3/6/2/1/2/6/0/5/3/4/2 respectively in preceding months.
• Average closed condo prices was $328,000 for approximately 1,376 sq. ft. with an average marketing time of 52 days on the market.

• 

  

Brea is a City is well known for excellence in education. The schools have been definite attraction for residents in our community. We often say Brea enjoys some of the bigger city benefits, yet maintains a small town feeling. Many of us who live here feel we have the best of both worlds.

If you lived in Brea-California you would be approximately:

• 30 Miles east of downtown Los Angeles.
• 39 Miles west of LAX ~ Los Angeles International Airport,
• 16 Miles north/west of John Wayne Airport in Santa Ana, CA.
• 10 Miles north of Disneyland the "Happiest Place on Earth" ~ Anaheim, CA.

If you're interested in learning more about Brea see why Sunset Magazine named it one of the best places in the west, or check out Living In Dowtown Brea, or Downtown Brea Nights, Visit Brea Family Fun, Brea's Curtis Theatre or Downtown Brea Dining. Here's more on the new Sports Park, check it out. Looking for low/no cost fun in our city, take a look at Brea Fun On A Budget.

Planning on spending a day or two here? Check out, Brea ~ CA as Featured in Westways Magazine for day tripping around town. If you're want more on Brea real estate contract me, Lynda Eisenmann at Preferred Home Brokers for Real Estate Help, we're one of longest established real estate companies in Orange County under the same ownership.

For real estate, contact me, Lynda@PreferredHomeBrokers.com, we're one of the longest established independent brokerages in Orange County under the same ownership, check us out Preferred Home Brokers.

• To reach me: Lynda@PreferredHomeBrokers.com, text or direct (714) 595-1494.

~CA Real Estate License #402040

rea, California Real Estate Market Report- November 1st, 2009

Brea Active Listings= 70

Lowest priced listing in Brea = $229,900.00
Highest priced listing in Brea = $2,000,000.00

Active Listings Property Type:

• 58 Single Family Residences
• 12 Condos/Townhouses

Active Listings Sale Type:

• 46 Standard Listings
  
• 3 REO* Listings
• 21 Short Pay** Listings
  

Active Listings Price Range:

• 45 priced at or above $500,000.00
• 25 priced below $500,000.00

Brea properties in Pending & Back Up Status= 78

Pending & Back Up Status Listing Type:

• 33 Standard Listings
  
• 6 REO* Listings
  
• 39 Short Pay** Listings
  

Brea Properties Sold From 10/1/09-10/31/09= 33

October, 2009 Sales Type:

• 21 Standard Sales
• 9 REO* Sales
• 3 Short Pay** Sales

Lowest Oct '09 Sales Price= $265,000.00
Highest Oct '09 Sales Price= $732,000.00

What can you buy in Brea at these prices?:

$265,000.00=

• 2 bd + loft/2 ba condo
  
• 1,385 s.f.
• Built in 1985
• Association pool & spa
• Upgraded
• Located close to the 57 fwy & downtown Brea
  
• Short pay sale
  

$732,000.00=

• 4 bd/3.5 ba single family residence
• 2,860 s.f.
• 9,156 s.f. lot
• 3 car garage
  
• Built in 1967
  
• Highly upgraded & remodeled throughout
  
• Backyard features a putting green, playhouse, fireplace, built in BBQ w/frig and sink
  
• Standard sale
  

*REO= Real Estate Owned. Foreclosed properties currently owned by the lender.
** Short Sale= Properties that are still owned by the borrower. Borrower is attempting to sell the property for less than what is owed to the lender. Lender must approve the reduced pay off amount based on the current market value and borrowers inability to pay the full loan balance.


Information compiled from MLS data as of November 1st, 2009

LIST OF ALL ACTIVE BREA HOMES AS OF 10-28-2009 - CALL, TEXT OR EMAIL FOR UPDATES AND OR ADDITIONAL INFORMATION - 714-335-9043 - OR GO TO

www.BreaHomes123.com

RES

MLS #

Status

P

V

H

T

Q

Type

A/D

Address

City

Area

Zip

TGNO

Trct/M

Bd

B t/f

Sty

Gar

SqFt

Yr Blt

Price

DOM

1

S574401

A

1

H

T

Q

CONDO

A

211 S Redwood Ave B

BREA

86

92821

709B7

ESTP/B

2

3/2

2

0

1,133

1984

$240,000

112

2

MRM-C09094432

A

11

H

T

Q

CONDO

A

205 S REDWOOD Ave 22

BREA

86

92821

709B7

/

2

3/1

2

2

1,187

1984

$255,000

58

3

S594168

A

17

H

T

Q

CONDO

A

357 Prairie Ct

BREA

86

92821

709B6

CR/z

2

2/1

1

2 A

1,150

1974

$305,000

4

4

MRM-H09048502

A

11

H

T

Q

CONDO

A

736 CACTUS Ct

BREA

86

92821

709B6

/

3

3/2

2

2 A

1,401

1974

$335,000

183

*

5

P706916

A

13

H

T

Q

SFR

A

316 Mountain Ct

BREA

86

92821

709B6

OTHR/0

3

2/1

2

2

1,430

1973

$339,000

15

6

P708601

A

1

H

T

Q

CONDO

A

727 Merrywood Ct

BREA

86

92821

708H5

CORV/2

3

3/1

2

2 A

1,407

1976

$339,900

6

7

P704483

A

1

H

T

Q

SFR

A

154 Timberline Ct

BREA

86

92821

709B6

CR/0

3

3/2

2

2 A

1,492

1976

$340,000

42

8

P698262

A

13

H

T

Q

CONDO

A

1576 Honeywood Ct

BREA

86

92821

708H6

CORV/0

3

3/1

2

2 D

1,302

1973

$354,900

84

*

9

P680026

A

9

H

T

Q

CONDO

A

286 Laurel Ave 4

BREA

86

92821

739B1

OTHR/0

2

2/1

2

2 A

1,162

1983

$365,000

211

*