Huntington Beach Listings and Sales for August 2011
In August 2011 there were 642 New Listings in Huntington Beach, 18.3% of which were Short Sales and 7.7% were REOs.
There were 128 closed sales reported in August in Huntington Beach of which 16.4% were Short Sales and 11.7% were REOs.
Closed Sale Aug in Huntington Beach - 128 Properties Found
Bedrooms
Baths
Square Feet
List Price
LP/SqFt
Sale Price
SP/SqFt
SP/LP
SP/OLP
DOM
Min
1
765
$150,900
$129.42
$142,000
$121.78
82.00%
9.00%
0
Avg
3.2
2.50
1809
$599,242
$323.49
$579,226
$313.62
97.00%
92.00%
96
Max
6
5
5000
$2,599,000
$742.57
$2,250,000
$642.86
105.00%
108.00%
464
Of the sales reported for August, the average number of days on the market was 96.
Only 15 OC zips had both sales gains and price gains in the period, 92646 was one…
City
Zip
Price
Year Chg
Sales
HB
92646
$495,000
+33.8%
53
+12.8%
92647
$460,000
-16.2%
25
-7.4%
92648
$625,000
-13.8%
48
+23.1%
92649
$534,000
+2.7%
24
-14.3%
Orange County Listings and Sales for August 2011
According to the MLS, there were 2130 closed sales during the month of August in Orange County. That compares to 2202 closed sales in July 2011 and 2233 closed sales in August of 2010.
Of the closed sales in Aug, about 21% were reported to be Short Sales and about 15% were reported to be REOs.
Current Inventory
The MLS shows a current inventory of 10,836 homes for sale in Orange County. Of these, about 27% are listed as Short Sales and about 6.4% are listed as REOs.
Sales Statisticsfor ORANGE County CA
Realist's most recent recording date for this county is 08/24/2011
Single Family Residence
Time Period
Number of Sales
Median Sale Price
Jul 2011
1,575
$500,000
Jul 2010
1,618
$520,000
Jun 2011
1,845
Jun 2010
2,224
2011 YTD
11,456
2010
19,273
$510,000
Did you know…?
Foreclosure-related sales accounted for 65 percent of all residential sales in Nevada during the second quarter, the highest percentage of any state. In Arizona distressed property sales accounted for 57 percent of sales at a discount of 27 percent. In California the market share jumped to 57 percent, a 12 percent increase over in Q1, returning the state to the same level as one year earlier.
Priciest ZIP? Newport Beach 92662 with a $3,057,500 median selling price.
Cheapest ZIP? Santa Ana 92701 with a $141,000 median selling price.
Overall, countywide sales were up 1.7 vs. a year ago
Thank you,
Alan AdamoWestline Real Estate (714) 726-5429 www.westlinerealestate.com
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