Anaheim Housing Stats: Numbers by ZIP, Foreclosures, Price Reductions

marketreport3-imageAccording to DataQuick/OC Register, Anaheim’s July 2009 housing numbers by ZIP are as follows.

The percent change is the percentage increase or decrease that results when current numbers are compared to the numbers of one year ago. Anaheim contains some of North Orange County’s lower-priced areas. (Stanton currently has the lowest median list price housing in North Orange County.)

ZIP
July 2009 Median-Selling-Price % Price Change— # of -Sales—- % # Change

Anaheim 92801 $320,000 -3.0% 51 +27.5%
Anaheim 92802 $317,500 -9.3% 26 +4.0%
Anaheim 92804 $330,000 -8.3% 94 +11.9%
Anaheim 92805 $310,000 -12.9% 87 +123.1%
Anaheim 92806 $426,000 9.2% 22 +10.0%
Anaheim 92807 $450,000 -2.5% 40 +2.6%
Anaheim 92808 $571,000 -9.4% 29– +11.5%

The Anaheim Altos Market Action Index for the week ending August 23, 2009 is 22.38. Above 30 is a sellers’ market; below 30 is a buyers’ market.

According to Redfin, 29.1% of Anaheim homes have price reducitons.* According to Trulia, 68% of Anaheim homes are distressed.**

*Based on homes sold or taken off the market between May 26, 2009 and August 24, 2009.

**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).

Market Report: Measuring the Housing Market Health in North Orange County, August 2009

marketreport5-image-blackToday, we will take a look at how the North Orange County housing market for detached homes is doing as shown by the Altos Market Action Index. The most interesting numbers are for the highest priced market in this area, Yorba Linda, and the lowest price area, Stanton.

According to the Altos index numbers for North Orange County, the Yorba Linda housing market has the least healthy outlook, and Stanton has the healthiest outlook. However, as shown by the index numbers, the housing market in all North Orange County cities is a buyers’ market. This is a repeat of what was happening in May.

Note: The Altos Market Action Index shows the balance between potential buyers and sellers, in other words, the balance between supply and demand. Above 30 is a sellers’ market; below 30 is a buyers’ market. The Altos numbers are for detached houses only (condos are not included). For this reason, I have included numbers that show the percentage of houses in each city that are detached.


Anaheim: Approximate % homes on market that are detached: 73%

  • Median list price (August 16,2009): $364,232
  • Altos Research Market Action Index:
    August 16: 22.19

    July 5: 23.69

Brea: Approximate % homes on market that are detached: 89%

  • Median list price (August 16,2009): $550,327
  • Altos Research Market Action Index:
    August 16: 16.57

    July 5: 20.14

Buena Park: Approximate % homes on market that are detached: 85%

  • Median list price (August 16,2009): $357,945
  • Altos Research Market Action Index:
    August 16: 21.09

    July 5: 23.32

Cypress: Approximate % homes on market that are detached: 67%

  • Median list price (August 16,2009): $502,327
  • Altos Research Market Action Index:
    August 16: 20.12

    July 5: 25.82

Fullerton: Approximate % homes on market that are detached: 78%

  • Median list price (August 16,2009): $545,955
  • Altos Research Market Action Index:
    August 16: 18.90

    July 5: 21.41

Garden Grove: Approximate % homes on market that are detached: 78%

  • Median list price (August 16,2009): $376,622
  • Altos Research Market Action Index:
    August 16: 26.00

    July 5: 27.56

La Habra: Approximate % homes on market that are detached: 69%

  • Median list price (August 16,2009): $508,236
  • Altos Research Market Action Index:
    August 16: 21.56

    July 5: 21.64

La Palma: Approximate % homes on market that are detached: 81%

  • Median list price (August 16,2009): $606,200
  • Altos Research Market Action Index:
    August 16: 18.77

    July 5: 18.65

Placentia: Approximate % homes on market that are detached: 75%

  • Median list price (August 16,2009): $527,559
  • Altos Research Market Action Index:
    August 16: 18.14

    July 5: 20.49

Stanton: Approximate % homes on market that are detached: 66%

  • Median list price (August 16,2009): $309,736
  • Altos Research Market Action Index:
    August 16: 25.48

    July 5: 23.67

Westminster: Approximate % homes on market that are detached: 87%

  • Median list price (August 16,2009): $451,536
  • Altos Research Market Action Index:
    August 16: 23.12

    July 5: 27.83

Yorba Linda: Approximate % homes on market that are detached: 79%

  • Median list price (August 16,2009): $804,377
  • Altos Research Market Action Index:
    August 16: 15.00

    July 5: 17.88

North Orange County Housing Report: Gauging the Detached Homes Market Status

marketreport5-image-blackToday, we will take a look at how the North Orange County housing market for detached homes is doing as shown by the Altos Market Action Index. The Altos Market Action Index shows the balance between potential buyers and sellers, in other words, the balance between supply and demand. Above 30 is a sellers’ market; below 30 is a buyers’ market.

Note that the Altos numbers are for detached homes only (condos are not included). For this reason, I have included numbers that show the percentage of home in each city that are detached. The index numbers listed below are as reported by Altos Research on July 5, 2009.

Also, note that the North Orange County city with the highest-priced homes, Yorba Linda, has the least favorable market index number. And many of the North Orange County cities with the lowest-priced homes have some of the most favorable market index numbers. However, as shown by the numbers, the housing market in all of these cities is a buyers’ market.


j-anaheim-market-action-indexAnaheim:

  • Altos Research Index–23.69
  • approximate % homes on market that are detached–73%


brea-altos-indexBrea:

  • Altos Research Index–20.14
  • approximate % homes on market that are detached–89%


buena-park-altos-indexBrena Park:

  • Altos Research Index–23.32
  • approximate % homes on market that are detached–85%


cyrpress-altos-indexCypress:

  • Altos Research Index–25.82
  • approximate % homes on market that are detached–67%


fullerton-altos-index
Fullerton:

  • Altos Research Index–21.41
  • approximate % homes on market that are detached–78%


garden-graove-altos-indexGarden Grove:

  • Altos Research Index–27.56
  • approximate % homes on market that are detached–74%


la-habra-altos-indexLa Habra:

  • Altos Research Index–21.64
  • approximate % homes on market that are detached–69%


la-palma-altos-indexLa Palma:

  • Altos Research Index–18.65
  • approximate % homes on market that are detached–81%


placentia-altos-indexPlacentia:

  • Altos Research Index–20.49
  • approximate % homes on market that are detached–75%


stanton-altos-indexStanton:

  • Altos Research Index–23.67
  • approximate % homes on market that are detached–66%

Westminster:

  • westminister-altos-indexAltos Research Index–27.83
  • approximate % homes on market that are detached–87%

Yorba Linda:

  • Altos Research Index–17.88
  • yorba-linda-altos-indexapproximate % homes on market that are detached–79%

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