Orange Co. Real Estate~Lynda Eisenmann, Broker-Owner, CRS,CRB,GRI,SRES, Brea, CA

Brea, CA Real Estate Sales Report ~ Brea housing inventory continues to decline, September 2009 was low for the year!

Brea Single Family Homes for September 2009:

• 50 re-sale homes were for sale, compared to 59/56/67/81/65/94/ respectively for the past few months.
• 28 pending sales & back-ups, down from 42/33/20/23/18/15/24/20/16/36/30/27 in prior months.
• 23 homes closed in Sept. as compared to 20/22/15/24/29/12/13/20/11/28/30/24
• respectively in the prior 12 months.
• Average selling price for Sept. was $541,400 down slightly from last month at $559,500, for just over 2,000 sq. ft.
• The average days on the market for Sept. 56 compared to 78 in August.

Brea Condo Sales Activity for September 2009:

• Only 10 condos were for sale, compared to 10/14/16/14/6/12/9/13 in the past few months.
• 8 pending sales/back-ups went into escrow, compared to4/6/3/3/1/4/3/1/5/7/2/1/1/ in prior months.
• 7 condos closed escrow in Sept. compared to 3/6/2/1/2/6/0/5/3/4/2 respectively in preceding months.

• 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

La Mirada, CA is located in the "burbs" of Eastern Los Angeles County, with nearby Orange County bordering on the east side of the city. If you lived in La Mirada you would be one of approximately 50,000 residents who lives in this beautiful Southern CA community.

Single Family Home Activity for August:

• 53 re-sale homes currently for sale compared to 42 last month.
• 21 pending sales, down from 37 last month.
• 29 homes closed escrow, down from the peak last month at 40, compared 35,39,35,35,19,19 in 2009.
• Average selling price was $423,800 (up from 418,800 last month).
• Average price per square foot was $232.50, for 3.6 bedrooms, at 1,692 square feet.
• Average days on market 27.

Condominium activity for August:

• 24 condos are currently for sale, about the same as the past few months.
• 6 pending sales, (in escrow) slightly more than the past few months.
• 6 properties closed escrow, compared to 9,3,1,2,0,5,8 since the first of the year.
• $228,100 average sales price for August, @$240.50 a square foot.
• Average days on market 196.

If you lived in beautiful La Mirada, California you would be approximately:

• 27 miles east of LAX ~ Los Angeles International Airport ~ Los Angeles, CA
• 23 miles north/west of John Wayne Airport ~ Santa Ana, CA
• 36 miles west of Ontario International Airport ~ Ontario, CA
• 10.5 miles north/west of the "Happiest Place on Earth" Disneyland ~ Anaheim, CA

La Mirada has been a favorite since very early in my early days in real estate. The city is also home to Biola College and the famous La Mirada Theater, home to outstanding theatrical productions.

To learn more about buying or selling a La Mirada homes, contact me, text or direct 714 595-1494 or Lynda@PreferredHomeBrokers.com . See more at my Living In La Mirada and see why La Mirada was also named 'One of the best places to live" by Money Magazine.

Preferred Home Brokers, successfully serving home buyers and sellers for more than thirty years. ~ CA DRE License #00402040.

• -Data source, SoCal Multiple 2009

It's that time again, time for "dancin in the street" in down town Brea! Down town Brea's Birch Street Jazz Festival is the place to be Friday and Saturday nights in Orange County.

Photos are from the event that began last week-end, it was a happening place to be. Locals spent the time in the warm air evening listening to the cool sounds of Jazz.

In addition to the jazz, the event includes a fine arts and craft show beginning Fridays at 4:00 p.m. and Saturdays at noon.

Entertainment begins at 6:00 p.m. with the headliners performing at 7:30. Come early, the place will be packed!

The event is FREE to all attending, including parking, however reserved seating is available:

Tickets are $40.00 each and include seating at tables by the stage,including a $25 Yard House Gift Certificate, a Complimentary Chocolate Fondue Dessert from The Melting Pot, free souvenir Brea Jazz Festival T-shirt and other coupons and gifts from the Downtown Merchants.

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, read Brea Fun On A Budget.

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

Living in La Habra ~ Orange County CA La Habra Home Sales Report August 2009 ~

So what's happening in the La Habra real estate market today? A whopping 81% of all closings for the month were identified at *distressed sales.

This report will provide you an overview of La Habra homes sales activity as compared to prior months in La Habra for both single family homes and condo sales for August 2009.

Single Family Home Sales Activity for August:

• 71 homes were for sale, up from 66 last month, and compared to 2/90/120/136/128/153/180/129/149/153/182 previously
• 41 pending sales in escrow during the month, and compared to 40/43/41/26/30/36/20/19/34/24/18/25/34/37 pending sales.
• 23 homes closed in August down slightly from 28 last month and compared to 39/28/41/30/42/14/25/26 in prior months.
• $407,000 was the average closed sales price, up slightly from the last two months, average size of 3 bedrooms 2 baths and 1,628 square feet, with an average 56 days on the market.
• 74% of the closings were identified as single family distressed sales, either short sales, in the process of foreclosure or bank repos, up from 48% & 58% for the past two months.
• Final sales price was 100% of the original asking price, and 101% of the final asking price.

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Condo Sales:

• 33 condo/townhomes were for sale, slightly more than last month (which was the lowest number for 2009) and compared to 40/36/50/56/65/63/65/71/72/63/82 previously.
• 23 pending sales (in escrow) in August and compared in 20/20/9/7/18/7/6/12/23/11/6/5 for prior months.
• 14 closed, compared to 19/15/11/18/8/11/10/3/8in prior months.
• $183,000 was the average closed price.
• ALL but one the condo sold in August was identified as a distressed sales, i.e. short sales, in the process of foreclosure or bank repos, compared to 78% last month.
• The average condo size was 2 bedrooms and 2 baths at 963 square feet, with an average of 108 days on the market.

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If you're a home buyer or a home seller it's essential you have an understanding of today's real estate market when it comes to market conditions in pricing and inventory.

For Home Buyers: It's important to begin the loan process in advanceof your home search. Once approved you normally have greater strength in negotiating prices. With declining inventory we've been seeing multiple offers on the same home. Do yourself a favor, get pre-approved!

For Home Sellers: It's about positioning vs. pricing. Getting ahead of others is crucial for a timely sale. That's right, pricing ahead of the competition, including foreclosures/bank owned properties. 81% (including both single family homes and condos) of the closings in August were identified as distressed sales.

Sellers, where would your buyer come from:

• 87% of all home buyers begin today with the Internet for their home search.
• 80% of Orange County is on-line.
• The average age in Orange County is 36 and I don't know of a "thirty something" person in Orange County who is not on line.
• For the maximum on-line marketing exposure contact me Lynda@PreferredHomeBrokers.com
• Text or direct (714) 595-1494

La Habra is well known for the lively Children's Museum, click here to see more, on this fun place. We've been there many times ourselves with our family, it's always a great time for the kids of all ages. If you're interested in learning more about La Habra check out Living in La Habra, and see why La Habra is a city with a heart.

Want to know more about La Habra 90631 Real Estate? Lynda@PreferredHomeBrokers.com, view Preferred Home Brokers and see why we're one of the longest established independent brokerages in Orange County under the same ownership.

CA Dept. of Real Estate Broker's License #00-402040.

*Distressed sales include short sales, bank owned properties (referred to REO's), others may be sellers in arrears or where a Notice of Default has been filed.

~ Data Source: So Cal MLS

Brea, CA Real Estate Sales Report ~ Brea home sales heat up this summer in Orange County.

Brea Single Family Homes for August 2009:

• 59 re-sale homes were for sale, compared to 56 last month and 67/81/65/94/ respectively for the past few months.
• 42 pending sales & back-ups, up from 33 last month, and 20/23/18/ 15/12/20/16/36/30/27/ prior months.
• 20 homes closed in August, and compared to 22/15/24/29/12/13/20/11/28/30/24/20/ respectively in the prior 12 months.
• Average selling price for August was $559,500 for a home with an average of 2146 square feet.
• The average days on the market for August was 78 days.

Brea Condo Sales Activity for August 2009:

• Only 9 Brea condo/town-homes were for sale, one less than the past two months and compared to 14/16/14/6/12/9/13 in the past few months.
• 4 pending sales/back-ups went into escrow, more than double than the last two months and compared to 6/3/3/1/4/3/1/5/7/2/1/1/ in prior months.
• 3 condos closed escrow in August compared to 6/2/1/2/6/0/5/3/4/2/5/4/2/2/0 respectively in preceding months.
• All 3 condo closings were short sales.

• Check out Southern Cal home prices per square foot to see how prices vary depending on your city.

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.

Brea, CA is very well located in Northern Orange County ~

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, read 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