Whittier, CA

This Market Report on Whittier Homes for Sale will focus on Single Family Residences in Whittier, California.

According to the California Association of Realtors®, Whittier’s median home price in June 2009 was $295,000.00, compared to June of 2008, when it was $390,000.00, for a one year decrease in value of 24.4%.

As of today, there are 287 Single Family Residences for sale in the Whittier area.

308 homes are currently in escrow.

108 homes were sold during the month of July.

The average home sold in Whittier in July took 72 days to sell.

The average home sale price was $340,337, or an average cost per square foot of $243.97.

It would take 2.7 months, at the current rate of sales, for all the current Whittier homes on the market to sell.

A Sellers’ Market is when there is less than 5 months of supply. Whittier is currently in a very strong Sellers’ Market. This Sellers’ Market actually applies to all homes for sale in Whittier, CA that are priced under $500,000. Whittier homes for sale that are priced above $500,000 are more plentiful; and the higher the price, the more advantageous it is for the buyer being able to have more leverage and less competition from other buyers.

If you own a home in Whittier, it is a very good time to sell.

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Would you like to receive a detailed report of Whittier home sales mailed directly to you? Call (800) 385-1585, ext. 102 for a Free Recorded Message, or go to the website, http://www.Whittierhomesales.com.

First, let me tell you what part of Whittier I am talking about. The Whittwood area is bordered on the west by Colima Road, on the north by Whittier Boulevard, on the east by First Avenue and on the south by Lambert Road. Basically, the Whittwood neighborhood is centered around the Whittwood Town Center, south of Whittier Boulevard. All homes referenced in this article are within this Whittwood neighborhood.

This Market Report on Whittwood Homes for Sale will focus on Single Family Residences in this Whittier, California neighborhood.

As of today, there are 5 Single Family Residences for sale in the Whittwood area.

Eleven homes are currently in escrow.

Four homes were sold during the month of July.

The average home in Whittwood sold in July took 41 days to sell.

The average home sale price was $387,499, or an average cost per square foot of $286.61.

It would take 1.25 months, at the current rate of sales, for all the current Whittwood homes on the market to sell.

A Sellers’ Market is when there is less than 5 months of supply. Whittwood is currently in a very strong Sellers’ Market. This Sellers’ Market actually applies to all homes for sale in Whittier, CA that are priced under $500,000. Whittier homes for sale that are priced above $500,000 are more plentiful; and the higher the price, the more advantageous it is for the buyer being able to have more leverage and less competition from other buyers.

If you own a home in Whittwood, it is a very good time to sell. Demand is high, and there are lots of buyers in this price range looking for their first home.

Whittwood is a great neighborhood, with plenty of shopping, good schools, moderately priced homes and a stable population of people who have lived in their homes for many years.

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Would you like to receive a detailed report of Whittwood home sales mailed directly to you? Call (800) 385-1585, ext. 102 for a Free Recorded Message, or go to the website, http://www.whittwoodhomesales.com.

The Mar Vista Heights Whittier neighborhood consists of the area north of Mar Vista Street, east of College Avenue and west of Catalina Avenue.  The area is renowned for its beautiful homes and great views.

This Market Report on Mar Vista Heights Homes for Sale will focus on Single Family Residences in this Whittier, California neighborhood.

As of today, there are 7 Single Family Residences for sale in the Mar Vista Heights area.  The asking prices range from a low of $549,000 to a high of $860,000, with an average of $688,700.

Two homes are currently in escrow.

The last home sold in Mar Vista Heights was on March 31. 

Five homes sold between January 1 and March 31, 2009, with an average asking price of $576,000.

Since there have been very few home sales in the Mar Vista Heights area recently, one way to get a better sense of the local market is to look at the entire City of Whittier. 

Below are some numbers about the City of Whittier home sales.

As of today, there are 285 Single Family Residences for sale in the City of Whittier.

329 homes are currently in escrow.

316 homes sold in the past three months.

109 homes sold during the month of June.

The average home in the City of Whittier sold in June took 71 days to sell. 

The average home sale price was $333,956, or an average cost per square foot of $236.01.

It would take 2.6 months, at the current rate of sales, for all the current Whittier homes on the market to sell. 

A Sellers’ Market is when there is less than 5 months of supply.  Whittier is currently in a very strong Sellers’ Market.  Whittier homes for sale that are priced above $500,000 are more plentiful; and the higher the price, the more advantageous it is for the buyer being able to have more leverage and less competition from other buyers.  See my blog on Friendly Hills homes for sale to learn about the Buyers’ Market in Friendly Hills.

If you own a home in Whittier, it is a very good time to sell.  Demand is high, and there are lots of buyers looking for their first home.

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