Orange & Orange Park Acres Real Estate Market Report-October 1st, 2009

Orange and Orange Park Acres Real Estate Market Report-October 1st, 2009

Orange Active Listings= 255

Lowest priced listing in Orange= $124,900.00
Highest priced listing in Orange= $4,495,000.00

Active Listings Property Type:

• 212 Single Family Residences
• 42 Condos/Townhouses
• 1 Mobile Home
  

Active Listings Sale Type:

• 181 Standard Listings
  
• 13 REO* Listings
• 61 Short Pay** Listings
  

Active Listings Price Range:

• 157 priced at or above $500,000.00
• 98 priced below $500,000.00

Orange Properties in Pending & Back Up Status= 250

Pending & Back Up Status Listing Type:

• 100 Standard Listings
  
• 29 REO* Listings
  
• 121 Short Pay** Listings
  

Orange Properties Sold From 9/1/09-9/30/09= 81

September, 2009 Sales Type:

• 46 Standard Sales
• 20 REO* Sales
• 15 Short Pay** Sales

Lowest Sept '09 Sales Price= $118,000.00
Highest Sept '09 Sales Price= $1,900,000.00

What can you buy in Orange at these prices?:

$118,000.00=

• 1 bed/1 bath condo
  
• 600 s.f.
• Near the 22 fwy, bordering Santa Ana
  

$1,900,000.00=

• 5 bd/5 ba semi custom single family residence
• 5,000 s.f.
• 43,560 s.f. lot
• New construction
  
• Orange Park Acres area in the 92869 zip code
  

*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.