A Closer Look at Anaheim’s 92804 ZIP: Median Selling Price, Price per Square Foot, Foreclosures, Price Reductions
Yesterday’s post was about the current Anaaheim housing numbers, including a breakdown by ZIP. Following is a closer look at how housing prices have changed over time in one of these ZIPs, Anaheim’s 92804. (This is also the ZIP that contains the Palais Road home that I highlighted last week, “Anaheim Short Sale Showing Badly.”)
According to Trulia , the median price for all homes, detached houses and condos, in Anaheim’s 92804 ZIP was as follows:
- May to July 2009–$303,592
- The previous three months–$297,833
- One year ago–$357,000
- Five years ago–$453,750.
And according to Trulia, 75% of Anaheim homes are distressed.*
According to Redin, the July 2009 median sales price in the 92804 ZIP was as follows:
- detached houses–$240 per square foot
- condos–$147 per square foot
And according to Redfin, 23.1% of Anaheim’s 92804 homes have price reducitons.**
*Defined as homes in the pre-foreclosure, auction, or bank-owned stages of the foreclosure process. Different groups use different inputs and, therefore, come up with different percentages. In this case the foreclosures are not necessilarly on the market yet (and may not end up on the market).
**Based on homes sold or taken off the market between May 26, 2009 and August 24, 2009.